8/3/2011 10:08:00 AM
BEIJING - Though there appears to be a light at the end of the US debt crisis tunnel, the agreement reached over the weekend in Washington won´t remove concerns over a weaker dollar, which will push up commodity prices and increase imported inflation in China over the long term, analysts sa…
8/2/2011 10:51:00 AM
China will become Latin America´s second largest trade partner as early as in 2015, the UN Economic Commission for Latin America and the Caribbean (ECLAC) said recently. Osvaldo Kacef, director of ECLAC´s Economic Development Division, said the current China-Latin America trade vo…
8/1/2011 2:06:00 PM
China´s economic growth rate is decelerating, and many officials and analysts believe the moderation is healthy and will not lead to a hard landing.Gross domestic product (GDP) rose by 9.5 percent year-on-year in the second quarter of 2011, tapering off slightly from the 9.7-percent growth …
7/29/2011 10:27:00 AM
EIJING - China´s growth faces downward risk in the coming months amid global economic uncertainties and fast-rising domestic inflation, the Asian Development Bank (ADB) said on Thursday. However, there won´t be a "hard landing" for the world´s second-largest ec…
7/29/2011 10:17:00 AM
China´s chemical fiber textile industry (enterprises of above-designed size) achieved sales value of 26.96 billion Yuan from January to May this year, representing an increase of 24.9 percent year on year. However some industries including cotton, nylon, and rayon have been affected by unil…
7/28/2011 10:11:00 AM
BEIJING - China´s trade with ASEAN (Association of Southeast Asian Nations) countries is expected to maintain steady growth in the latter half of this year, after growing by a quarter in the first half, a commerce official said Tuesday.The optimism is based on the fact that the two sides ar…
7/27/2011 2:27:00 PM
There are 507 above-scale textile companies in Hunan province in 2010, rising by 34.5 percent from the year 2005. Overall industrial output of textile sector in Hunan totaled 63.25 billion RMB which is 3.5 times that of 2005. Major indicators of textile industry all exceeded the national average leve…
7/27/2011 2:20:00 PM
BEIJING - China´s textile industry posted a 30-percent growth year-on-year in output in the first half of this year in spite of a raft of challenges, the Ministry of Industry and Information Technology said. Output of the industry hit 2.39 trillion yuan ($370.7 billion) in the first six mon…
7/26/2011 1:38:00 PM
China´s fashion market, currently dominated by sportswear brands and local casual clothing brands, was worth around 400 billion yuan in 2010. Per capita spending among urban consumers was a low 1,150 yuan per year, roughly one-fifth of per capita spending in the United States and the United…
7/25/2011 4:10:00 PM
BEIJING - China´s first evaluative report on economic quality in the western region predicted that the region´s economy will grow by 13 percent, higher than the nation´s average.The report was published during the Western Region Economic Development Forum held in Beijing…
