9/21/2007 10:52:00 AM
Future of Textile Industry in China -- DU Yuzhou, Address at 2007 ITMA World Textile Forum (II) (Sept.12, 2007)III. Upgrading of Chinese textile industry is the objective requirement from Chinese modernization drive to comprehensively build up a well-off society 3.1 China´s sustained and r…
9/21/2007 10:46:00 AM
The leitmotif of my speech today : Industrial Upgrading – General Trend of Development of Chinese Textile Industry. Centering on this general trend, I will elaborate on the following four viewpoints: I. Chinese textile industry is at critical period of upgrading II Upgrading of Chinese textile indus…
9/20/2007 10:15:00 AM
Brisk exports, strong investment and buoyant consumption will lift economic growth in China to 11.2percent this year, up from an earlier estimate of 10 percent, with the inflation rate breaking 4 percent, says an Asian Development Bank (ADB) report released here on Monday. "The faster than expec…
9/19/2007 10:28:00 AM
China´s harvest is advancing, but progress appears to be slower than normal. The most active cotton picking has occurred on western edge of the North China Plain in the provinces of Shanxi and Shaanxi, where 45.74 percent of the seed cotton has been picked in Shanxi and 30.54 percent in Sha…
9/19/2007 10:26:00 AM
Very low volatility is continuing in China´s domestic textile prices, with the exception of fiber prices. Cotton, polyester and rayon fibers are still experiencing significant movement. Cotton prices have fallen approximately 1,000 yuan per ton over the past 30 days. Polyester staple fiber …
9/19/2007 10:23:00 AM
China and the European Union agreed to kick off negotiations to improve the framework documents on bilateral economic and trade relationship, according to a senior trade official. "The two sides have agreed to officially launch negotiations toward adjustment of the Sino-EU agreement on trade and…
9/18/2007 10:19:00 AM
China will continue to have a sizeable trade surplus for some time due to its trade structure and the global industry shift, vice commerce minister Gao Hucheng said on Friday. China’s trade surplus grew at an annual rate of almost 33 percent to US$24.98 billion in August, the General Administration …
9/18/2007 10:16:00 AM
As measured by the National Bureau of Statistics (NBS), China´s cotton fabric output reached 2.399 billion square meters in August, representing 11.1 percent year-on-year growth, which was the slowest monthly expansion since February. January through August cumulative cotton fabric producti…
9/18/2007 10:14:00 AM
Physical trade has been very slow across the various markets over the past week, as global cotton prices continue to climb back toward the July highs. One significant event appears to be that spinners, while not chasing the market higher, have proven willing to adjust inquiry levels higher. In Europe…
9/17/2007 1:23:00 PM
In an effort to meet customer demand for more sophisticated and decorative swimwear prints and lingerie fabrics, as well as to speed up response and custom design times for shorter runs, Hyosung Corp., Korea, now offers swimwear and lingerie fabrics made with creora® spandex printed using Wil…