1/18/2010 10:01:00 AM
Jilin Chemical Fiber Group Col., Ltd signed an investment agreement on Dec. 11th with the local government of Jiang’an county of Sichuan province. One subsidiary company Sichuan Tianzhu Bamboo Resource Development Co., ltd of this conglomerate will be relocated to a new industry park. Annual capacit…
1/15/2010 9:34:00 AM
The GDP growth was to a large extent stimulated and propelled by nationwide fixed asset investment in the past year 2009. China textile industry is also walking out of the slump of the year beginning up until now it gradually gained recovery momentum. Take Shaoxing county for instance, totally 1,019 …
1/15/2010 9:31:00 AM
China will maintain its pro-active fiscal policy and moderately loose monetary policy to buoy the economy in 2010 as many uncertainties persisted at home and abroad, Chinese Premier Wen Jiabao said on Sunday.Averting the trend of falling global demand remained difficult, Wen said in an exclusive inte…
1/15/2010 9:21:00 AM
National textile industry is speeding up its shifting progress to western provinces as encouraged by the national structural adjustment guidelines. Regional government of Xinjiang also promulgated favorable policies to attract more textile companies to invest in Xinjiang. The central government also …
1/14/2010 1:40:00 PM
The state Council has allocated 90 million RMB of special budget to Ningxia Hui Autonomous Region to stimulate domestic market demand, of which ZHONGYIN CASHMERE welcomed 11.56 million RMB of technological upgrade subsidy. ZHONGYIN CASHMERE is a renowned conglomerate of Ningxia Autonomous Region and …
1/14/2010 1:26:00 PM
output: 234.66 billion RMBChina knitting industry growth maintains an average 14% annual growth during the time period of early 2005 to 2008. Since after 2009, industry growth drooped all the way down to lower than 10% and kept declining. The first eight months of 2009 has seen an estimated output va…
1/13/2010 9:53:00 AM
The People´s Bank of China (PBOC), the central bank, announced on Tuesday to raise the deposit reserve requirement ratio by 0.5 percentage points from Jan. 18 this year. The ratio at small financial institutions such as the rural credit cooperatives would remain unchanged to support the agr…
1/13/2010 9:49:00 AM
China´s export of mechanical and electrical products would see a moderate growth in 2010 thanks to the gradually improving external demand, an official with China´s Ministry of Commerce (MOC) said Tuesday. Zhang Ji, director of the department of mechanic, electronic and hi-tech in…
1/12/2010 10:07:00 AM
Shanghai has set a GDP growth rate target for the year of more than 8 percent, almost the same as 2009´s economic development rate. Party Secretary Yu Zhengsheng yesterday announced the target at a one-day session of the Shanghai Committee of the Communist Party of China. He added the growt…
1/12/2010 10:04:00 AM
Data released by the National Bureau of Statistics on January 8 indicated that the national Enterprise Booming Index in the fourth quarter of 2009 was 130.6, up 6.2 percentage points from the previous quarter. The Entrepreneur Expectation Index was 127.7, up 7.6 percentage points. Relevant people sta…
