5/28/2007 10:01:00 AM
China´s textile industry will grow by more than 15 percent in terms of output value, profits and exports year-on-year in 2007, forecast experts with the National Development and Reform Commission (NDRC). With technological innovation and optimization of industrial structure, Chinese textile…
5/25/2007 10:58:00 AM
The U.S. cotton sector is now at the mercy of the Chinese buyer as China’s role in global cotton trade continues to expand. If the U.S. is to export 16 to 17 million bales, China will be required to purchase 8 to 9 million bales of that volume. Against this backdrop, the continued trade friction bet…
5/24/2007 10:10:00 AM
On May 18th, 2007, China National Textile and Apparel Council (CNTAC) and European Foreign Trade Association (FTA) signed cooperative agreement on construction of social responsibilities (CSR) in Beijing. Participants in the signature ceremony are: Chen Shujin, Vice-chairman of CNTAC as well as Direc…
5/23/2007 4:19:00 PM
MOFCOM released Report on China Foreign Trade 2007 on May 17. The Report reviewed China’s foreign trade development and characteristic in 2006 and in the first quarter in 2007, and preview its future development in 2007. The report pointed out that China’s administrations of foreign trade seri…
5/23/2007 4:10:00 PM
WASHINGTON -- China and the United States began a key economic dialogue on Tuesday in Washington, aiming to address outstanding issues in bilateral economic and trade relations. In remarks prepared for the opening of U.S.-China Strategic Economic Dialogue, U.S. Treasury Secretary Henry Paulson said t…
5/22/2007 4:10:00 PM
The gross domestic product (GDP) of south China´s Guangdong Province is expected to overtake Taiwan´s by the end of the year and surpass 4 trillion yuan (519.4 billion U.S. dollars) by 2011, the province´s Communist Party chief Zhang Dejiang said. The province, currently…
5/22/2007 10:24:00 AM
The Census and Statistics Department (C&SD) released the Consumer Price Index (CPI) figures for April 2007. According to the Composite CPI, overall consumer prices rose by 1.3% in April 2007 over a year earlier, smaller than the 2.4% increase in March. The smaller year-on-year increase in the…
5/21/2007 10:22:00 AM
China´s man-made fiber sector is already the largest in the world by a wide margin; but despite this achievement, it continues to expand. April MMF output reached 1.964 million tons, which represented a 3.17 percent increase from March and 18.86 percent year-on-year growth. The capacity gro…
5/18/2007 2:07:00 PM
In February, U.S. cotton yarn imports fell to a record low of 4,870 tons, but rebounded to 6,582 tons in March, which was the largest volume since November 2006 but still represented a 41.2 percent year-on-year decline. While U.S. cotton yarn import demand is very soft due to the continued shrinkage…
5/17/2007 3:41:00 PM
China´s Textile Industry has been fully-conducting social-responsibility construction, and has achieved preliminary success. (1) To promote transformation of enterprise-management concept. By way of related CSC9000T training program, publicity and communication, more and more textile enterp…
