9/10/2009 1:37:00 PM
After declining significantly in 2008/09, both world cotton mill use and production are expected to stabilize in 2009/10. World cotton production is forecast slightly down at 23.3 million tons due to reduced area. As the world economy gradually stabilizes and economic prospects for 2010 improve in mo…
9/10/2009 11:10:00 AM
Chinese overseas direct investment (ODI) added up to 183.97 billion U.S. dollars by the end of last year, said a report jointly issued by the Ministry of Commerce, the National Bureau of Statistics and the State Administration of Foreign Exchange Tuesday. The ODI came from more than 8,500 domestic in…
9/9/2009 10:39:00 AM
A slew of Chinese home-textile companies are queuing up at the stock exchanges in the country to subscribe to initial public offerings (IPO). Among them are Luolai, the Shanghai-based high-end home textile supplier, whose IPO has already opened for subscription. Luolai will utilize the IPO proceeds f…
9/9/2009 10:09:00 AM
The Chinese economy is expected to grow 7.8 percent this year while the global economy is likely to drop more than 2.5 percent, the United Nations Conference on Trade and Development (UNCTAD) said in a report released Tuesday. In the Trade and Development Report 2009, the U.N. agency said expanding d…
9/8/2009 10:38:00 AM
A bilateral investment symposium hosted by University of International Business and Economics and Taiwan Chung-hua Institution for Economic Research was held recently in Taipei. More than eighty textile representatives from the mainland and Taiwan made the attendance. Both parties are disposed to tak…
9/8/2009 10:35:00 AM
Annual meeting of 2009 International Textile Manufacturing Federation will be held in Shanghai on October 23rd-25th. This is the first time for China to sponsor and host this meeting. Representatives covering all sectors of textile and apparel would make their attendance by then including government …
9/8/2009 10:31:00 AM
On August 16th , Jiangsu Hengli group signed its 650 thousand ton polymerize spinning program contract. Hengli group is by far the largest industrial yarn supplier worldwide and the third largest domestic polyester manufacturer. The 650 thousand ton polymerize spinning program, which commenced in She…
9/7/2009 9:44:00 AM
Textile industry remained its upstanding restorative momentum since after July this year. Both manufacturing and investment situation keeps snapping back. Domestic demand increase has obviously shown its effective stimulating results. Nonetheless, international market showed no favorable signs of rec…
9/7/2009 9:41:00 AM
National economy is undergoing a key period of restoration and any slack down during this period would lead to repeated economy fluctuation, said Mr. ZhangPing on 25th August, direction of the National Development and Reform Commission. Eight specific policies would be implemented in the second half …
9/7/2009 9:39:00 AM
It is getting more and more obvious that domestic economy is showing recovery momentum from the worldwide economy recession. Textile economy also incessantly indicates signs of restorative strength which undoubtedly has a positive effect for the second half year investment disposition making the over…
