11/24/2008 3:10:00 PM
China opened a new bonded harbor on Thursday in a major step toward a free trade zone operation with the Association of Southeast Asian Nations (ASEAN). The Yangpu Bonded Harbor Area is China´s fourth such facility to have preferential tax rates. The harbor, with a first phase of 2.3 sq. km…
11/20/2008 5:00:00 PM
The Ministry of Commerce (Mofcom) has said China´s textiles exporters will face a new start when quota management on global textiles trade will be relinquished at midnight on December 31 this year, but they need to timely adjust ideas in avoiding blind expansion of production. An official f…
11/19/2008 3:34:00 PM
Chinese industry faced a grim situation, as the global financial crisis would have a deep impact on the industrial and information technology sectors, a senior official warned on Wednesday. Zhu Hongren, an official with the Ministry of Industry and Information Technology, said the country needed to i…
11/19/2008 3:29:00 PM
China´s oil imports will account for almost 75 percent of its total oil consumption by 2030, according to the International Energy Agency (IEA).The Paris-based adviser to 28 oil-consuming nations also predicted that primary world energy demand would grow by 1.6 percent annually between 2006…
11/18/2008 5:25:00 PM
Austria-based cellulosic fiber manufacturer Lenzing Fibers has been awarded the Nordic Swan Ecolabel. The Nordic Ecolabel — introduced by the Nordic Council of Ministers, headquartered in Sweden — certification system identifies products that have been produced in an environmentally friendly manner…
11/18/2008 4:58:00 PM
The State of South Carolina and a group of private donors have raised $8 million to establish the Advanced Fiber-based Materials Center of Economic Excellence (COEE) at Clemson University. COEE researchers at the Center will study fibrous natural and man-made-polymer-based materials systems and manuf…
11/17/2008 1:24:00 PM
In October, Producer Price Index (PPI) for manufactured goods was up by 6.6 percent year-on-year; purchasing prices for raw material, fuels and power rose by 11.0 percent.PPI for means of production increased 7.7 percent over last October. Of the total, PPIs for mining and quarrying industry increase…
11/17/2008 10:38:00 AM
China International Fashion Week, which kicked off in Beijing, on November 5, officially ended on November 12, 2008, with China Fashion Golden Prize.More than 800 models presented outfits for over 30 famous brands from home and abroad, including Cabbean men´s clothing, NE.Tiger, Jordan spor…
11/13/2008 4:55:00 PM
China´s broad money supply grew 15 percent in October, the slowest pace in three years, a sign economists said shows the economy is in sharp slowdown.The growth of M2 - the broadest measure, which includes cash and all deposits, fell from September´s 15.3 percent to 45.31 trillion…
11/12/2008 4:16:00 PM
BEIJING, Nov. 11 -- China´s General Administration of Customs on Tuesday announced a record monthly trade surplus of 35.2 billion U.S. dollars in October. It was the fourth consecutive monthly rise since July. Total foreign trade rose 17.6 percent from the same month last year to 221.4 bill…
