11/24/2010 1:42:00 PM
China´s economy in 2011 and 2012 will maintain a stable growth rate of 9.7 percent, lower than this year´s estimated 10.5 percent, according to the Organization for Economic Cooperation and Development (OECD).It said China´s renewed buoyancy is projected to continue in 2…
11/23/2010 10:02:00 AM
BEIJING - China´s Ministry of Commerce (MOC) on Monday told local bureaus to ensure ample supply of fuel amid rising inflation.Local commerce authorities should "coordinate oil producers to increase production to meet demand, and reasonably allocate resources to keep prices stable,&quo…
11/17/2010 9:54:00 AM
With the major listed companies releasing their third quarterly report of 2010, the performance of listed textile companies are also starting to appear. Although those companies have suffered from RMB appreciation and soaring cotton price, most of them maintaine good gains.Some companies even report …
11/15/2010 9:52:00 AM
Chinese President Hu Jintao´s attendance at the Group of 20 (G20) and Asia-Pacific Economic Cooperation (APEC) meetings on Nov. 11-14 has achieved the goals of enhancing understanding, advocating cooperation, working together in times of difficulty and jointly promoting development, Chinese…
11/9/2010 9:59:00 AM
Global cotton production to rise in 2010/11World cotton production, which sagged in the 2008 and 2009 marketing years due to the global financial crisis, is expected to rebound to 116.7 million bales in 2010/11. This will be a 15-percent increase from the previous year and the highest year-to-year re…
11/9/2010 9:58:00 AM
China will stick to the strategy of expanding domestic demand, consumption in particular, and seek a new phase of economic growth boosted by consumption, investment and exports, according to an official document released on Oct.20.The document, the Communist Party of China (CPC) Central Committee&…
11/8/2010 9:45:00 AM
China´s industrial value-added output is expected to rise 13.5 percent for the whole year in 2010, Zhu Hongren, spokesman with the Ministry of Industry and Information Technology (MIIT) said at a press conference recently. Industrial value-added output measures the final results of industri…
11/8/2010 9:44:00 AM
Against all uncertainties and soaring cotton price, the investment enthusiasm of China cotton textile industry seemed never ceased. Fujian Changyuan Textile Co., Ltd. recently kicked off a 1,000,000 spindles program in Panyang, Jiangxi Province. Totaled investment reached up to CNY 2.16 billion and t…
11/5/2010 9:57:00 AM
China´s economic growth continued to decelerate in the third quarter as the government weans the economy from the stimulus and back to normal. But rising inflation posed new challenges.The gross domestic product (GDP) grew 9.6 percent in the third quarter from the same period last year, the…
11/4/2010 1:32:00 PM
China will continue its yuan exchange rate reform, adhering to the principles of controllability and graduality, Chinese President Hu Jintao said Tuesday. Hu, due to visit France and Portugal from Nov. 4 to 7, made the statement in a written interview with France´s Le Figaro newspaper and P…
