7/27/2009 9:28:00 AM
The overall textile industry operating status remains stable in the first five months of 2009Statistics from the SSB (State Statistics Bureau) indicates that the export value of overall textile industry totaled 60.4 billion dollars down by 11.13% and import value totaled 6.5 billion dollars down by 1…
7/27/2009 9:26:00 AM
As approved by the State Council, the Ministry of Finance and the State Administration of Taxation jointly announced a third-time rebate adjustment as from 1st June which is the 7th time consecutive readjustment since August 2008 that the government has done to help textile makers cope with stagnant …
7/27/2009 9:23:00 AM
Latest statistics provided by China Customs showed that the country’s total import and export value of textile machinery stood at 1.1 billion US dollars in the first three months of 2009, sharply down 56.34 percent over a year-ago level. Of which, the exports amounted to 231 million US dollars, down…
7/23/2009 10:00:00 AM
China Petroleum and Chemical Corp.(Sinopec), the nation´s largest oil refiner, said Tuesday that it processed 86.9 million tonnes of crude oil in the first half of 2009, up 1.82 percent year-on-year, despite the economic slowdown. Sinopec reported earlier that the amount of crude oil it ref…
7/23/2009 9:42:00 AM
Vice president of China National Textiles and Apparel Council, Editor in chief of China Textile Leader® Mr. Sunruizhe was officially hired as honorary dean of recently established of Uster® Quality University. China textile industry is undergoing special moment as ravaged by the globa…
7/22/2009 1:39:00 PM
In China Textile City, the trading volume of fabrics dropped to 4.07mln meters (chemical fiber fabrics 2.6mln meters and cotton fabrics 1.47mln meters). Compared with last week, the sales of fabrics did not improve today. Enquires from customers were still thick. Some producer in Shandong cut its sto…
7/22/2009 9:49:00 AM
Exports by southern China´s Guangdong Province, an economic powerhouse and a major export base of the nation, had seen signs of recovery, expecting a year-on-year growth in the fourth quarter, said a local trade official on Tuesday. Liang Yaowen, head of the provincial bureau of foreign tra…
7/21/2009 1:26:00 PM
Profits of China´s centrally-- administered state-owned enterprises was 316.03 billion yuan (46.27 billion U.S. dollars) in the first half of this year, according to the State-owned Assets Supervision and Administration Commission of the State Council. The profits dropped 26.2 percent over …
7/21/2009 10:39:00 AM
Ten Chinese textile companies have jointly released their 2008 corporate social responsibility report (CSR) at a conference held by the China National Textile and Apparel Council (CNTAC) in late June. At the conference CNTAC also initiated a three-year working plan for social responsibility in the Ch…
7/20/2009 9:50:00 AM
China´s banking regulator urged banks to strengthen risk control and optimize credit structure to prevent possible financial risks amid a surge of bank loans. Rapid expansion of bank loans in the first half year boosted the country´s economic growth, but it also increased the poss…
