4/8/2008 1:31:00 PM
Macao registered a trade deficit of3.85 billion patacas (481 million U.S. dollars) for the first two months of 2008 and its export/import ratio deceased by 11.2 percentage points year-on-year, according to trade figures released Monday by Macao´s Statistics and Census Service (DSEC). The fi…
4/8/2008 1:28:00 PM
Sound corporate performances and raised lowest salary levels lifted the average salary of China´s employees working in cities and towns approach 25,000 yuan (3,561.3 U.S. dollars) in 2007, up 18.72 percent over the previous year, the biggest rise in the past six years. According to the year…
4/7/2008 4:36:00 PM
BEIJING, April 6 (Xinhua) -- The increase of actual use of foreign investment in China´s western regions exceeded the nation´s average by 128 percentage points in the first two months this year, said an official of the ministry of commerce on Sunday. During the first two months, t…
4/3/2008 10:12:00 AM
BEIJING, April 2-- Rising costs and an appreciation of the yuan currency are squeezing Chinese cotton textile companies, making nearly half of them wanting to quit, a new industry survey reveals. The survey, conducted by the China Cotton Textile Association, covered cotton textile companies in 17 pro…
4/3/2008 10:09:00 AM
BEIJING, April 2-- China Everbright Bank (CEB), Everbright Group´s banking unit, is to go public before the Beijing Olympic Games, company source said. "We don´t have the timetable for a Hong Kong listing, and we decided to postponed inviting strategic investors in view of wo…
4/2/2008 2:54:00 PM
China International Young Fashion Designers Contest, organized by China Fashion Association since 1993, has attracted almost 30 thousands young fashion designers over 40 countries and regions to be in the contest. Until now, the contest has successively held for 15 years successfully. In these many y…
4/1/2008 10:19:00 AM
By Tan YingziPresident Hu Jintao lit a cauldron with the Olympic torch in Beijing´s Tian´anmen Square Monday morning, launching the official start of the worldwide torch relay of the 2008 Beijing Olympic Games.Hu then passed the torch to hurdler Liu Xiang, the men´s 110m…
4/1/2008 10:13:00 AM
China´s export-oriented textile industry is suffering from low profit margins amid yuan appreciation, China National Textile and Apparel Council (CNTAC) said. According to CNTAC´s latest industry survey, profit margins averaged at 3.9 percent among textile companies last year. Two…
3/31/2008 1:24:00 PM
Saving costs seems to be the key for textile exporters to maintain their competitive edge in overseas markets while material costs and the yuan keep rising. Some exhibitors at the 14th Shanghai International Clothing & Textile Expo spoke of their concerns about rising production costs, but th…
3/26/2008 5:11:00 PM
The National Development and Reform Commission (NDRC) in Xinjiang Province has released its estimates of 2007/08 cotton output, acreage and yield. The NDRC estimated 2007/08 acreage at 25.7 million mu and total output at 2.70 million tons. Average yields only reached 105.1 kilograms per mu (down from…
