5/16/2011 1:31:00 PM
Cotton imports by China, the biggest buyer, fell 14.6 percent in March from a year ago, as lower yarn prices cut into profits for the textile industry, reducing demand. Inbound shipments were 276,436 metric tons, compared with 323,780 tons a year earlier and 180,000 tons in February, General Administ…
5/16/2011 1:30:00 PM
As fighting against inflation is the top priority of China´s policymakers, the appreciation of China´s currency, RMB, is expected to accelerate, analysts hold. The central parity rate of RMB against US dollar has been hovering on high levels since April. In the 11 trading days by …
5/12/2011 1:32:00 PM
Figure drops slightly year-on-year, but exceeds market expectations BEIJING - China´s new yuan lending in April stood at 739.6 billion yuan ($113.8 billion), 8.8 percent higher than that in March, despite frequent moves to mop up liquidity and curb inflation, according to data released by t…
5/11/2011 11:03:00 AM
China Textile Academic Conference 2011(CTAC 2011), organized by China Textile Engineering Society under the sponsorship of China Association for Science and Technology and China National Textile and Apparel Council, will be held in Shanghai from October 20 to 22, 2011 with the aim of promoting textil…
5/11/2011 10:45:00 AM
Xiangyang, major textiles manufacturing base of Hubei province, recently rolled out a Xiangyang 12th FYP Industrial Development Plan, aspired to realized a projected annual growth of 24.5%. By the end of the 12th FYP, textile industrial output of Xiangyang will seek to reach over 50 billion CNY.Highl…
5/9/2011 2:45:00 PM
The agricultural department of China´s Anhui province recently issued the 12th Five-Year Plan setting the annual cotton output growth target for the next five years. According to the plan, the output capacity will strive to achieve 370,000 tons by 2015 from the 316,000 tons in 2010 with an …
5/5/2011 10:33:00 AM
Analysts say continued inflationary pressure may prompt more measuresBEIJING - China´s Consumer Price Index (CPI) is likely to remain at a high level with April´s figure rising to at least 5 percent from a year earlier, according to analysts.Meanwhile, they warned that stubbornly …
4/28/2011 10:23:00 AM
BEIJING - The People´s Bank of China (PBOC), China´s central bank, plans to expand its pilot plan for using the currency of renminbi in cross-border trade to more regions this year, an official with the bank said Tuesday."The PBOC aims to expand its pilot plan nationwide this…
4/27/2011 10:20:00 AM
BEIJING - China´s consumer price index (CPI) is likely to remain high in the second quarter of this year, rising to between 4.9 percent and 5.1 percent year-on-year, according to an official from the National Development and Reform Commission (NDRC), the country´s top economic pla…
4/26/2011 10:55:00 AM
In a recent meeting held by China Home Textiles Association(CHTA), Mr. Yang Zhaohua, president of CHTA, prompted that annual industrial output growth of the industry shall strive to reach eight percent and export shall set the target at 7.5 percent of increase per annum during the 12th Five-Year Plan…
