11/1/2011 9:56:00 AM
BEIJING - China will raise thresholds for levying value-added and business taxes on small enterprises starting from Tuesday, the Ministry of Finance said Monday.The value-added tax (VAT) threshold for small enterprises will be increased to between 5,000 yuan ($791.14) and 20,000 yuan, in terms of mon…
10/31/2011 11:34:00 AM
BEIJING - China´s textile industry posted a year-on-year rise of 29 percent in its industrial output value which hit 3.9558 trillion yuan ($623 billion) in the first three quarters, the Ministry of Industry and Information Technology (MIIT) said Friday.The growth rate is one percentage poin…
10/27/2011 10:04:00 AM
Recently, the Economic and Information Commission of Guangdong Province has released the "Guidelines for the Development of Textile Industry in the 12th Five-year Plan Period", setting targets for the years from 2011 to 2015: growth output grow 8% every year in average, sales value top CNY …
10/26/2011 11:20:00 AM
BEIJING - The China Banking Regulatory Commission (CBRC), the country´s top banking regulator, on Tuesday revealed detailed plans to encourage financial support for the country´s small and micro-sized enterprises.In a supplementary notice issued to its previous support plan for fi…
10/25/2011 10:44:00 AM
BEIJING - The reform of China´s resource tax will not impact China´s domestic prices for oil and natural gas, the Ministry of Finance (MOF) and the State Administration of Taxation said Monday.China´s pricing mechanism for oil products is mainly based on the internationa…
10/24/2011 11:22:00 AM
Mr. Wang Tiankai, Vice President of China National Textile and Apparel Council(CNTAC), said on Sep. 20th that the Chinese textile enterprises fell far behind in term of international marketing channels. This backward situation seriously weakened the international competitiveness of Chinese textile in…
10/24/2011 11:21:00 AM
-- China´s Export of Home-textiles from Jan. to JulyFrom Jan. to Jul. of this year, China exported household textiles of US$ 11,270 millions, increasing 13.3%, the export growth dropped compared with the same period of last year by around 14 percetages. The export of household textiles drop…
10/14/2011 10:10:00 AM
BEIJING - The Ministry of Commerce (MOC) said it started on Thursday a review of the anti-dumping investigation concerning polyurethane products imported from Japan, Singapore, the Republic of Korea (ROK), the United States and the Taiwan region.During the investigation, polyurethane products from th…
10/13/2011 10:02:00 AM
BEIJING - The State Council, or China´s Cabinet, on Wednesday took a new approach toward helping the country´s cash-strapped small- and micro-sized enterprises, pledging stronger financial and fiscal support to allow them to plow through current economic difficulties.Small firms p…
10/12/2011 10:44:00 AM
SHANGHAI - Nike brand President Charlie Denson said on Tuesday that the company will continue to invest heavily in the world´s most populous country, as the world´s top sportswear maker plans to double sales in China by 2015.Although the world economy - notably in the United State…
