3/15/2010 10:01:00 AM
In February, the Producer Price Index (PPI) rose 5.4% year-on-year (down 4.5% in the same month last year), with the growth up 1.1 percentage points from last month. From January to February, PPI rose 4.9% year-on-year (down 3.9% in the same period last year). In February, the ex-factory price of cap…
3/12/2010 11:16:00 AM
China´s new loans last month, nearly half of the figure reported in January, indicated the country´s policies to balance loan growth have taken effect, economists said Tuesday. New yuan-denominated loans stood at 700.1 billion yuan (102.65 billion U.S. dollars) in February, compar…
3/12/2010 11:14:00 AM
Usually high-flying foreign trade in the textile and garment industry had a bumpy year in 2009 as exports fell 10.1 percent to $167 billion, according to the statistics from China Customs. Sun Huaibin, spokesman of the China National Textile and Apparel Council, blamed the decline on worldwide econom…
3/10/2010 10:19:00 AM
General OverviewGalvanized by the favorable policies of the State Council, cotton textile industry has successfully recovered from the shadow of the financial crisis. Positive signals emerged from all aspects. Production growth of major products kept climbing up. Export decline gradually alleviated. …
3/10/2010 10:11:00 AM
For the recent remarks for the RMB appreciation in the international community, the commerce minister Chen Deming stated with a resolute attitude at the press conference for the third session of the 11th National People’s Congress on March 6 that we shall not simply connect foreign trade and exchang…
3/9/2010 1:35:00 PM
General OverviewProduct sales revenue of the first eleven months reached 57.388 billion RMB, increased by 11.65% year-on-year, which is 9.04% percentage points faster than last year. Industry assets amounted to 60.737 billion RMB, increased by 7.59% with growth velocity down by 4.21 percentage points…
3/8/2010 11:16:00 AM
Benefiting the official operation of China-ASEAN Free Trade Zone, in January, ASEAN became China’s third largest trade partner instead of Japan, with total value of bilateral trade of USD21.48b, up 80%, of which Chinese export to ASEAN amounted to USD10.55b, up 52.8%; import from ASEAN USD10.93b, up…
3/8/2010 11:05:00 AM
Since its inception in 2004, Yarn Expo has gained popularity amongst industry professionals and continues to attract leading international and domestic exhibitors. Running for three-days from 31 March 2010 at the China World Trade Centre, the event will feature a diverse range of products that will b…
3/8/2010 10:18:00 AM
Operating performance of textile industry in 2009Domestic market was the primary element shoring up the gradual recovery of the whole industry. Statistics of the National Bureau of Statistics indicated that the gross retails sales revenue of garments rose by 18.8% in 2009 as compared with last year. …
3/5/2010 9:54:00 AM
China expects its economy to grow around 8 percent in 2010 from a year earlier, says a report to be delivered by Premier Wen Jiabao at the annual parliament session Friday. Setting the 8-percent target mainly "aims at ensuring the quality of economic growth, focusing on transformation of economi…
