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China introduces nationwide resource tax, adjusts tax rate (10/11/2011)

10/11/2011 9:52:00 AM

BEIJING, October 10 (Xinhua) -- The State Council, or China´s cabinet, announced on Monday it will tax all resource products starting November 1, extending the resource tax on domestic sales of crude oil and natural gas from some regions to the entire country. The list of taxable resources …

More than 80 percent of China´s high-tech medical textile materials relied on imports (10/10/2011)

10/10/2011 2:47:00 PM

At the recently held science and technology forum "Application of fiber and textile structural materials in medical field", president of China Textile Industry Association Li Ling Shen said,” China is a big textile country, but is also a small textile country." China is a textile powe…

Fuel-price drop good news (10/09/2011)

10/9/2011 9:57:00 AM

BEIJING - Gasoline and diesel prices are reduced for the first time this year beginning Sunday, as oil and gas prices in international market continue to fall.The wholesale price of regular gasoline and diesel prices declines by 300 yuan ($47) per ton, according to the National Development and Reform…

Chinese exports price rises (10/08/2011)

10/8/2011 10:22:00 AM

BEIJING - The average price of China´s exports is rising as export quantity growth slows, according to customs data.Meanwhile, the nation´s foreign trade gains more momentum with countries such as India, ASEAN members, Russia, Brazil and South Africa.Customs data shows that the av…

Wen urges financial support for small businesses (10/08/2011)

10/8/2011 10:18:00 AM

BEIJING - Chinese Premier Wen Jiabao has urged stronger financial support for China´s small businesses and better regulation of private lending activities to prevent risks of capital shortage from spreading.Small enterprises should be a priority of bank credit support and enjoy more tax pre…

China´s New Material Growth to Hit 25% (09/30/2011)

9/30/2011 10:37:00 AM

By 2015, China´s new material industry will see annual revenue of CNY 2 trillion (US$313.31 billion), with average annual growth surpassing 25%. China will also promote 30 types of new materials in the country, in an effort to grow the industry and stimulate its technology. Major new materi…

China eyes high-quality economic growth (09/29/2011)

9/29/2011 11:06:00 AM

BEIJING - The Chinese government will focus on improving the quality, coordination and overall competitiveness of its economic growth, and will continue to make price control a priority in its macro economic planning, said Vice Premier Li Keqiang here on Wednesday.Li made the remarks when he conferre…

"Twelfth Five Year Plan" of textile industry to speed up changes in development mode (09/28/2011)

9/28/2011 1:59:00 PM

The main line of Chinese textile industry´s " Twelfth Five Year Plan" is to speed up changes in development mode, mainly reflecting in five areas: First, the change from quantity to quality, that is, the change from quantitative expansion to qualitative improvement; Second, the c…

Wen urges energy saving, emissions cut (09/28/2011)

9/28/2011 10:40:00 AM

BEIJING - Chinese Premier Wen Jiabao on Tuesday urged local governments to step up efforts in energy conservation and emissions reduction as the situation remains serious.Speaking during a teleconference, Wen said local governments should be aware of the "extreme significance and urgency" o…

Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS

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