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Yuan hits new high against U.S. dollar after 2 months of depreciation (09/23/2008)

9/23/2008 11:27:00 AM

BEIJING, Sept. 23 (Xinhua) -- China´s currency, the yuan, on Tuesday hit a new high against the weakening U.S. dollar on the recovery of oil prices on global markets. The central parity rate of the yuan, or Renminbi (RMB), was 6.8009 yuan to the dollar, according to the China Foreign Exchan…

China, U.S. reach agreements on boosting trade ties (09/22/2008)

9/22/2008 4:23:00 PM

LOS ANGELES, Sept. 16 (Xinhua) -- Chinese and U.S. delegations at the 19th meeting of China-U.S. Joint Commission on Commerce and Trade (JCCT) Tuesday reached several agreements on boosting trade ties at the Richard Nixon Presidential Library near Los Angeles. The signing of these agreements, on food…

Growth rate of textile industry up by 10% in July (09/22/2008)

9/22/2008 11:14:00 AM

In July, value-added of the industrial enterprises above designated size (all state-owned enterprises and non-state-owned enterprises with an annual income over 5 million yuan) expanded 14.7 percent, year-on-year, while that dropped 3.3 percentage points over the same period of previous year.In terms…

China cuts import taxes on large equipment spare parts to support domestic manufacturing (09/17/2008)

9/17/2008 8:51:00 AM

The government has cut back on import taxes on spare parts of large equipment and canceled the import tariff exemption on some complete sets. The adjustments were made to support the domestic manufacturing of large equipment, said the Ministry of Finance. Taxes levied on domestic enterprises for impo…

Industrial output growth slows to 12.8% in August (09/12/2008)

9/12/2008 2:44:00 PM

China´s industrial output rose 12.8 percent in August from a year earlier, the lowest in one and a half years, the National Bureau of Statistics said Friday.The pace, which decelerated for a second straight month, was 1.9 percentage points lower than July and 4.7 percentage points lower tha…

Baby´s Wear Criterion Release (09/11/2008)

9/11/2008 1:45:00 PM

The Baby´s Wear Criterion, released by National Development and Reform Commission of China, will put into practice on October 1st this year. This is the first national eco-friendly clothing standard for baby between 0-2 years old. Considering the soft skin of babies, the pH value set to bet…

China´s CPI rises 4.9% in August (09/10/2008)

9/10/2008 5:19:00 PM

BEIJING, Sept.10 (Xinhua) -- China´s consumer price index (CPI),a measure of inflation, was up 4.9 percent in August, the National Bureau of Statistics announced on Wednesday. The figure, compared with 6.3 percent in July, 7.1 percent in June and 7.7 percent in May, was lower than most fore…

Yiwu clothing industry focused on building brands (09/10/2008)

9/10/2008 11:02:00 AM

Yiwu city is one of the key textile and clothing bases in China, especially the innerwear industry, whose products are known world-wide.It has been noted that this city has been concentrating on building brands for a while now. It already has many, particularly in underwear and innerwear sectors.Howe…

Seed Cotton Prices Remain Weak (09/08/2008)

9/8/2008 3:58:00 PM

Growers across China are very disappointed in the bids they are receiving for new crop seed cotton. In many instances, growers are picking the cotton, taking it to the gin only to refuse the price and returning home with the seed cotton and storing it. In past seasons, aggressive competition from g…

Non-woven fabric unit to start operations in Henan soon (09/08/2008)

9/8/2008 3:04:00 PM

Recently, the construction of non-woven fabric production project, initiated by Qingdao Yihe Product Co Ltd in Xi County, Henan Province has completed and will start operating soon.Qingdao made investment of approximately 28 million yuan, for establishing this non-woven fabric unit. The project cover…

Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS

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