12/8/2010 9:56:00 AM
China´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 will maintain relativel…
12/7/2010 9:56:00 AM
A well-known economist said Monday that the biggest problem in China is not inflation, but shifting its economic structure to maintain sustainable growth. "The biggest challenge faced by China is economic restructuring in order to shift the economy to a more balanced way that will provide sustai…
12/3/2010 9:55:00 AM
China´s four central government departments said on Thursday the country will further boost solar energy use. The four departments -- the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Housing and Urban-Rural Development and the National Energy Administration -…
12/1/2010 9:56:00 AM
China´s consumer price index (CPI), the main gauge of inflation, is likely to accelerate from October´s 4.4 percent to reach 4.7 percent in November, a report issued by the Bank of Communications said Tuesday. The increase has mainly been fueled by rising food prices, which have b…
11/29/2010 9:47:00 AM
2010 is the last implementation year of the 11th Five Year Plan (FYP) for China´s textile industry and also the second year to implement the Textile Industry Adjustment and Rejuvenation Plan. The 28 key technologies and 10 new complete set of pivotal equipments proposed in the 11th FYP have…
11/29/2010 9:46:00 AM
A National Textile Industry Shift Conference was recently held in Zhengzhou, capital city of Henan province. The conference, held by China´s Ministry of Industry and Information Technology, reached with a consensus that Henan bears with a distinctive advantage of taking the industrial shift…
11/29/2010 9:45:00 AM
According to the latest statistics from China´s General Administration of Customs, China has imported 96,000 tons of cotton in October, which plunged by over 52 percent as compared from the precedent month and 19 percent year-on-year. Average import price has increased by US $ 2,131 per ton…
11/26/2010 9:55:00 AM
Tainan Spinning Co., Ltd, one of the top textile companies of Taiwan, recently revealed its decision to invest NT $152.5 million (US $5 million) on establishing a garment manufacturing facility in Henan Province.In view of the cheap availability of labor in Henan, situated at a distance from the coas…
11/26/2010 9:53:00 AM
China´s October CPI Rose 4.4 percentSurging food prices pushed up China´s consumer price index (CPI), a major gauge of inflation, to a 25-month high of 4.4 percent in October. From January to October, China´s CPI rose 3 percent year-on-year, hitting the government&ac…
11/25/2010 10:12:00 AM
China´s largest silicone production base became operational in Zhangjiagang on Thursday to serve fast-growing demand for the material in the country and throughout Asia. The integrated manufacturing site, operated by Dow Corning Corp of the United States and Germany´s Wacker Chemi…
