2/4/2009 9:50:00 AM
China´s economic growth is likely to accelerate at mid-year of 2009 for a full-year figure of more than 8 percent though the ongoing financial crisis would pose further challenges for China this year, according to economists with the National Development and Reform Commission. They also sai…
2/4/2009 9:49:00 AM
Mr. Li Yizhong, the Minister of Industry and Information Technology, said on a national working conference that in 2009 China will vigorously promote the implementation of new policies that has been issued to encourage and support enterprises´ independent innovation, especially in raw mater…
2/4/2009 9:47:00 AM
According to the General Administration of Customs, China exported US$ 185.17 billion worth of textiles and garments in year 2008, and its growth rate dropped from 26.28% to 8.18%. The export value comprises US$ 65.38 billion worth of textiles, which growth rate is 16.60% with a year-on-year increase…
2/3/2009 3:30:00 PM
Data provided by the National Bureau of Statistics of China showed that in the first 11 months the country´s textile firms above designated size garnered 102.6 billion yuan (15.02 billion US dollars) in profits, a fall of 0.7 percent year-on-year. By sectors, the profits gained by textile a…
2/3/2009 3:28:00 PM
The latest customs statistics showed that China imported 194.3 ten thousand tons of cotton at a value of 3.24 billion US dollars by the end of November 2008, down 9.1% and 8.6% year-on-year in terms of volume and value respectively, with the average imported price of US$ 1666 per ton, growing 19.4% f…
2/3/2009 3:27:00 PM
It is learned from the General Administration of Customs that China imported 377.6 ten thousand tons of PTA worthy of 3.7 billion US dollars in the first three quarters of 2008, respectively down 20 percent and 12.1 percent in quantity term and value term compared with the same period of 2007, while …
2/3/2009 2:47:00 PM
Import of Textile Machinery in January to October 2008Product Import Value(USD)Share in Total%Year-on-year Variation by Value (±%))Total3390495308100.00-13.58Knitting machinery85867192525.33-21.70Weaving machinery58580332617.28-18.62Spinning machinery60997150717.99-5.15Printing, dyeing &…
2/3/2009 11:53:00 AM
China International Clothing & Accessories Fair (CHIC) has been co-organized by China National Garment Association, China World Trade Center Co., Ltd, and Sub-council of Textile of China Council for the Promotion of International Trade annually in Beijing, China since 1993. CHIC 2009, which i…
2/3/2009 10:05:00 AM
According to the recent custom statistics, China´s export and import of textile machinery totaled US$5.02 billion in the first 11 months of 2008, down 12.84% year-on-year, in which, the export value amounted to US$1.48 billion, up 6.32%, while the import value was US$3.54 billion, down 18.9…
1/22/2009 1:26:00 PM
The Chinese mainland and Hong Kong signed a three-year currency swap deal worth 200 billion yuan (28.6 billion U.S. dollars) on Tuesday. The move, made by the central government, is aimed at helping to stabilize Hong Kong´s economy and its currency. Zhou Xiaochuan, governor of the People&am…
