1/12/2011 9:28:00 AM
Since June of 2010, the export of textile and clothes products made record high for three sucessive months in Jiangsu province. But it turned to slide in the next two months. Entering Nov., the export made a small rebound. The export in this month were 210 million USD, rising 37.5% from a year ago, o…
1/10/2011 11:06:00 AM
From January to November, aggregated fixed-asset investment (over 5 million RMB) for cotton/chemical fiber processing industry totaled 85.1 billion RMB, rising by 21.9 percent year-on-year with growth velocity accelerating 10.61 percentage points compared with the whole year of 2009. November 2010 ha…
1/10/2011 11:04:00 AM
China´s central bank announced Saturday that it will raise the one-year lending and deposit interest rate for the second time this year, as the government continues its battle against surging prices.The People´s Bank of China (PBOC) said in a statement posted on its website that i…
1/6/2011 10:31:00 AM
China is projected to issue 2.6 million tons of cotton import quota for 2011. The quota includes 894,000 tons of one percent tariff quota and 1.706 million tons of sliding duties quota. China has announced 3.594 million tons of cotton import quota for the year 2010. From January to November, 2010, a …
1/5/2011 9:30:00 AM
Dec 17, 2010, a 1,000,000-spindle carding program was signed in De´an county, Jiangxi province. The program was invested by Fujian Jinlun Chemical Fiber Co., Ltd involving 3 billion RMB of investment. Stage one program will be kicked off on April 1, 2011. Forecasted sales revenue would be r…
1/4/2011 9:41:00 AM
China will bring its overall money supply to a normal level with a range of policy tools next year as the government shifts monetary policy from "moderately loose" to "prudent", the central bank said Friday in a statement on its website, citing Deputy Governor Hu Xiaolian.Hu, a de…
12/28/2010 10:02:00 AM
The profits of major Chinese industrial enterprises in the first 11 months of the year grew 49.4 percent year on year to 3.88 trillion yuan (588.2 billion U.S. dollars), the National Bureau of Statistics (NBS) said Monday. The enterprises´ core business revenue rose 31.8 percent year on yea…
12/24/2010 9:21:00 AM
Maoxin Ye, the Vice President of China Hi-tech Group Corporations, is excited regarding the setting up of a machine spare parts producing unit for textile industry in Indonesia. He said that, the company does not have any problem in transferring technology to the new plant, and is also capable of fin…
12/23/2010 9:35:00 AM
A research report recently released by the China Customs Magazine under the General Customs Administration shows that although China experienced adverse effects from the international financial crisis, the competitive advantages of China´s textile industry exports have been further enhanced…
12/22/2010 10:23:00 AM
A research report receChina´s gross domestic product (GDP) is expected to grow by around 10 percent in 2011 with effective macroeconomic controls, a leading government think tank forecast Tuesday. "If China´s macroeconomic controls can be kept relatively stable, its economy w…
