12/19/2011 10:27:00 AM
Hubei province drew up a plan to obsolete the backward textile production capacity yearly in the 12th five-year period, to set forward energy saving and pollution minimizing and to promote the industrial structure optimizing and upgrading. The province definitely set up the objects to obsolete the ba…
12/16/2011 11:58:00 AM
BEIJING - A slowdown in the country´s export growth could continue at least into the first quarter of next year with a "more severe" outlook, the Ministry of Commerce said on Thursday.But the government has confidence in keeping stable growth in foreign trade, said ministry spokes…
12/15/2011 10:14:00 AM
On November 15th, the project of investment amounting to CNY 500 million was formally signed for and it settled in Laiyang Development Zone of Yantai. The project takes up areas of 120,000 square meters and building areas of 60,000 square meters. The investment was made by Jiangsu Yancheng Textile Ma…
12/13/2011 10:18:00 AM
BEIJING - High-ranking Chinese officials gathered here on Monday for the annual Central Economic Work Conference, which will analyze international and domestic economic situations and map out plans for economic development in 2012.The annual event has served as a crucial mechanism for the Communist P…
12/7/2011 9:54:00 AM
Textile machinery project with 500 million Yuan investment was formally signed in Yantai Laiyang Development Zone on November 15, which is the 10th project in the development zone with more than 100 million Yuan investment, and the 5th project in the development zone with more than 500 million Yuan i…
12/1/2011 10:03:00 AM
From January to September, Shandong province exported textiles and garments amounting to US$ 15.56 billion, increasing 22.9% over the same period of last year; the export of textiles totaled US$ 7.46 billion, up 18.2%, and garments of totaled US$ 8.1 billion, up 27.5%. The growth tended to drop in th…
12/1/2011 9:57:00 AM
BEIJING -- The People´s Bank of China, the country´s central bank, said Wednesday it will lower banks´ reserve requirement ratio (RRR) by 50 basis points for the first time in three years in order to replenish liquidity in the country´s banking system as inflat…
11/30/2011 10:48:00 AM
Shandong Helon Co., Ltd. issued an announcement that Weifang People´s Government and China High-Tech Group Corporation in consultation with Shandong Helon Co., Ltd., China High-Tech Group Corporation will, to set forward normalization operation of Shandong Helon Co., Ltd. as quickly as poss…
11/28/2011 10:06:00 AM
In October of 2011, China exported textiles amounting to US$ 7.45 billion, increasing by 18% over the period of last year and slightly up in growth rate, and garments to US$ 12.2 billion, increasing by 6% over the period of last year and 7.8 percentage points down in growth rate compared with last mo…
11/28/2011 10:05:00 AM
Cotton Situation Monthly (October 31st 2011) issued by China Cotton Association on November 1st 2011 estimated Chinese cotton yield totaled 7.28 million tons, 0.1 million tons down compared with August and 9.3% up over last year. By the end of September, the nationwide cotton picking progress was hig…