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Textile, garment exports to suffer largest drop in 30 years

China's textiles and garments exports are expected to slide by over 10 percent this year, the fastest drop in 30 years, the China Business News reported Thursday, citing comments by Sun Ruizhe, vice president of the China National Textile and Apparel Council. Data from the ...

China's Textile and Garment Exports May Trend up Further in 2010

Textile and garment exports showed positive figures in December, 2009, foreshadowing a promising export market in 2010. China's exports have been on the mend since Q1 2009. According to statistics from the Customs released recently, December textile and garment exports increased ...

Independent Garment Inspection Agency Setup in Wuxi

An independent garment inspection agency set up in Wuxi recently. It is thefirst one of this kind in this city. The inspection volume is expecting toreach seven million pieces per year. In the old days, manufacturers in Wuxihad to send their products to Shanghai or Changzhou for ...

Hubei Limei Compact Spinning Project Launched

Hubei Limei Group celebrated the launch of its 120 million yuan investmentcompact spinning project in Nanzhang in Dec. 10th. It is expected to put intoproduction on August 2010. upon that time, the turnout of compact spinningyarn will reach 2000 ton per year, with sales income ...

Yanshan ethylene plant achieves record output

The ethylene production plant of Yanshan Petrochemicals achieved record output in 2009 in producing an annual output of 841,000 tons, an increase of 56,000 tons year on year and 10,000 tons higher then the target set at the onset of the year. Its main economic and technical ...

China Textile Industry Report 2009/10 (Part A)

In the year 2009, China textile industry reversed the downward trend and maintained rapid growth, thanks to industrial upgrading, rising export tax rebates and other favorable policies. Textile industry signaled recovery "Revitalization Plans for the Textile Industry" was passed ...

Henan: Garment Industrial Zone Laid the Foundation

On Jan. 1, 2010, Henan Xinyang Industrial Transfer Zone has laid a foundation. China's government has approved plans to build garment industrial transfer zone to encourage the relocation of low-end industries from coastal regions to inland areas. Covering 1200,000 square meters, ...

Jinzhou: Textile Industry Profit and Tax Soar 90%

According to the data from Jinzhou Textile and Apparel Council, in 2009, the profit and tax of Jinzhou s statistics-worthy textile enterprises reached CNY0.14 billion, up 90% y/y; total industrial production value edged up 25.8 percent y/y to CNY1.756 billion; main business ...

Unifi reports Q2 earnings, sales increase

Textile maker Unifi Inc. reported Thursday that its fiscal second-quarter 2010 sales were up 13.1 percent. Greensboro-based Unifi (NYSE: UFI), which makes multifilament polyester and nylon textured yarns, said its sales in the second quarter, which ended Dec. 27, reached $142.3 ...

Shaoxing County Became Top Exporter in Zhejiang in 2009

Shaoxing's ascendancy has been boosted by the financial crisis, from which Shaoxing has suffered less than other counties in Zhejiang. With trade in tatters around the world, Shaoxing county exports fell 6.56% in 2009, 3.34%, 7.24% and 9.44% less than the average level of the ...

Jingwei Textile Machinery to buy into Zhongrong Int'l Trust

Jingwei Textile Machinery Co Ltd<000666><0350> yesterday announced that it will purchase a 36% stake in Zhongrong International Trust from Zhongzhi Enterprise Group for RMB 1.2 billion. The equity transfer agreement was signed on Jan. 8. Zhongzhi Enterprise Group currently holds ...

Three Spotlights for China Textile Industry in 2010

Firstly, continuity in the demand for the Chinese textile covering in the U.S. market is keeping the hopes of Chinese exporters alive that after the recession. U.S. retail sales should rise 2.5 percent this year, signaling that store chains have made it through the worst of the ...

Intertextile Guangzhou attracts new & returnee exhibitors

With its entire exhibition space already allocated, the 2010 edition of Intertextile Guangzhou Hometextile China is the hottest home textile event in southern China. Taking place from 18 21 March at the China Import and Export Fair Pazhou Complex, the show will feature166 ...

CHIC 2010: Activities--Bringing Wisdom to the New Future

CTEI/TA Weekly News: Presenting the pioneering products and service, CHIC is not merely a fair but a comprehensive event, integrating forum, award, trend release, seminars, etc. The fair each year invites franchisers, dealers and distributors around China, Asia, and even the ...

Chemical fiber industry led biggest profit gain in the January-November 2009

China chemical fiber industry ranked first in the growth of profit per capita in the January-November period. Table . Profit index of China textile enterprises from Jan. to Nov. 2009 capital profit per capita profit rate total capital velocity profit rate 2009 y/y % 2009 y/y % ...

Intertextile Beijing: Seminar for Intertextile Beijing Apparel Fabrics 2010

March 30 Meeting Room 201 Meeting Room 205 10:00Trend Conference Summer 2011: SHARING! Speaker: Ms.Catherine Tetu, Consulting Director for Fashion & Beauty,NellyRodi Agency 11:00Pantone View Colour Planner Summer 2011 Symmetry - a Timely Point of Focus Leading to Beautiful ...

Lanxi Sunrise gets approval to establish linen R&D center

China Linen Textile Industry, Ltd. a China-based company engaged in the production and sale of linen yarn and various types of linen fabric, announced that the Heilongjiang provincial government has formally approved its subsidiary, Heilongjiang Lanxi Sunrise Linen Textile ...

Second edition of ITMA - ASIA in Shanghai from June 22

ITMA ASIA + CITME 2010 organized by Beijing Textile Machinery International Exhibition Co Ltd and co-organized by MP International Pte Ltd, will start from 22nd June 2010 till 26th June 2010 at the Shanghai New International Expo Centre, Shanghai, China. It will highlight the ...

Textile, garment exports expected to see single-digit growth this year

China's textile and garment export industry is likely to see growth in both revenue and profits this year, but the gains likely won't surpass 10 percent, an analyst with Shanghai-based Sinolink Securities told the Global Times. Zhang Bin, the analyst, said though that China's ...

China Textile Industry Report 2009/10

In the year 2009, China textile industry reversed the downward trend and maintained rapid growth, thanks to industrial upgrading, rising export tax rebates and other favorable policies. Domestic demands will serve the major factor stimulating development of the textile industry ...
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