4/20/2010 9:32:00 AM
As a new group member of textile industry, China´s technical textiles industry has been witnessing skyrocketed development in recent years. In the year 1988, overall fiber consumption for China´s technical textiles was merely 530 thousand tons. Take nonwovens for instance, overall…
4/20/2010 9:29:00 AM
The past year 2009 has already been a difficult year for China´s textile industry. Increasing labor costs, a rising exchange rate, and price hikes for raw materials have all helped lift the industry´s production costs by 20% to 30%. Prices that seemed fair during negotiation have …
4/20/2010 9:27:00 AM
A Tanboocel bamboo fiber Collateral Development launching ceremony was recently held in Beijing on March 27th. Mr. Sun Ruizhe, vice president of China National Textile and Apparel Council made the attendance and delivered a keynote speech. Mr. Sun indicated that the crescendo of eco-friendly textiles…
4/20/2010 9:24:00 AM
2010 is undoubtedly a key year for the recovery of world economy; China is of no exception, especially for the traumatized textile industry. Propelled by the ever-thriving domestic demand and stable domestic macroeconomic tendency but also overshadowed by the unstable world economy, China textile ind…
4/19/2010 9:46:00 AM
China and Venezuela on Saturday signed a series of agreements to help the latter develop its oil and hydropower industries. Under the agreements, the two countries will set up an oil exploiting and processing joint venture in Venezuela´s Orinoco reserves belt. China will help the South Amer…
4/16/2010 10:16:00 AM
China´s economy expanded 11.9 percent year on year in the first quarter, indicating a solid recovery of the world´s third largest economy, but also fanning concerns of asset bubbles. The gross domestic product (GDP) in the first three months totaled 8.07 trillion yuan (1.19 trilli…
4/15/2010 10:00:00 AM
Beijing - China will continue to widen market access to foreign investors and better navigate the inflow of foreign capital, top officials said yesterday.Meanwhile, the country will discourage both foreign and local capital from investing in resource-guzzling and polluting sectors to avoid paying too…
4/14/2010 10:32:00 AM
Bank raises growth figure for 2010 to 9.6% from 8.9% BEIJING - The Asian Development Bank (ADB) on Tuesday lifted its forecast for China´s 2010 gross domestic product (GDP) growth, but said the figures may cool slightly in 2011 due to monetary tightening measures. The bank lifted its 2010 G…
4/14/2010 10:26:00 AM
BEIJING - China´s top economic planner said late Tuesday it would raise prices of gasoline and diesel both by 320 yuan ($46.88) per tonne from April 14.This comes as the first such move in nearly five months since it raised gasoline and diesel prices both by 480 yuan per tonne in November 2…
4/13/2010 1:27:00 PM
Western China takes on a new look after ten years since the implementation of the West Development. Personnel present at the 14th Investment and Trade Fair for Cooperation between East and West China during this time universally held while looking forward to the future that western China is welcoming…
