11/25/2011 6:13:00 PM
Pfäffikon SZ, Switzerland, 22 November 2011 – The Oerlikon Group will simplify its Textile Segment to further increase competitiveness and profitability. The three key elements of this change arethe consolidation of the five Textile machinery and components businesses into three Business Un…
11/25/2011 1:35:00 PM
BEIJING - China´s annual GDP growth is expected to reach 9.2 percent this year and continues to experience a moderate cooling in 2012, a senior official said on Thursday.Expansion of the country´s industrial production in 2012 will also witness a growth pace that is one or two per…
11/24/2011 10:17:00 AM
On November 11th, China National Textile and Apparel Council (CNTAC)convened the third council conference, Mr. Wang Tiankai was elected president of the Council. Mr. Chen Shujin, Mr. Gao Yong, Mr. Zhang Yankai, Mr. Sun Ruizhe(the Editor in Chief of China Textile Leader), Mr. Xu Wenying, Ms. Zhang Li,…
11/22/2011 10:30:00 AM
Predicted by the Chinese Cotton Monthly Report issued by China Cotton Association on November 1 that the total cotton production of China was 7.28 million ton, reduced 100,000 tons than the forecast of August, yet increased 9.3 percent than last year.As of the end of September, the national average p…
11/21/2011 10:06:00 AM
BEIJING - China´s economy is expected to grow 9.2 percent in 2012, a slight drop from 9.4 percent this year, a university report forecast, raising concerns on slowdown and financial risks.China´s economic expansion will continue the easing trend in the first half of next year, acc…
11/17/2011 10:44:00 AM
BEIJING - China can´t loosen inflation control because the foundation of domestic price stability is not yet strong enough, the central bank said in a quarterly report on its website on Wednesday. Inflationary pressure might arise from "extremely loose" global monetary conditions,…
11/15/2011 10:37:00 AM
Yiwu sock makers turn to brand building as OEM starts losing its shineBeijing - After years of basking in the limelight as a leading original equipment manufacturer (OEM) for global sock brands, Yiwu, a city in Zhejiang province, is moving up the value chain by focusing on building strong brands, rat…
11/15/2011 10:28:00 AM
BEIJING - Despite a fast economic growth China registered during the past years, economists projected the country to experience a lower pace of growth over the next few years.The coming slowdown will be a normal outcome as the continuous global downturn hurts China´s exports while the count…
11/15/2011 10:22:00 AM
HONOLULU, United States - Chinese Commerce Minister Chen Deming said the Chinese currency´s exchange rate is at a basically reasonable level and adjusting the rate can´t solve the US trade deficit with China.Chen made the remarks Friday while meeting separately with US Commerce Se…
11/10/2011 11:09:00 AM
China Hi-Tech Group Corporation Profile China Hi-Tech Group Corporation ("CHTC" or "the Group") is a State-owned, large-sized central enterprise under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). With more than 6…
