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Mainland business looks for wider opening of Taiwan market

Letting in more mainland investors again hit the agenda in Taiwan as negotiators from two sides discussed mainland investment with local business people Wednesday. At the symposium, Chen Yunlin, president of the mainland's Association for Relations Across the Taiwan Straits ...

Tianshan Textile Restructuring

After four months of suspending stock trade, Xinjiang Tianshan Wool Textile Stock Co., released its Equity Change Report on Dec. 7th and announced restructure and adjustment of its major business. Xinjiang Kaidi Investment Co., Ltd. invested 318,064,500 yuan to acquired 7650.6 ...

Textile and garment exports registered growth in Dec.

Fresh data shows that China s textile and garment exports registered growth in Dec. 2009. Accoding to China Customs, value of textile and garment goods delivered amounted to $16.787 billion in Dec. 2009, up 4.49 per cent y/y.

Underwear Special Fund Established in China

China's first underwear technology fund, Zhengmintai China Knitting (Underwear) Fund is established recently. It is also the first specail fund in the textile industry of China. This fund is supported by China Knitting Association. Zheng Mintai, the president of Embry Form ...

Trade Protectionism Seriously Affected the Steady Development of Economic and Trade Relations

In January, the U.S. decided to impose high anti-dumping duties on imports of electric blankets and wire trays from China and initiated an anti-dumping and anti-subsidy investigation on imports of Chinese steel drill pipes. On February 1, Yao Jian, the Spokesman of the Ministry ...

China-India Trade & Investment Cooperation Forum Held in Beijing

On January 19, China-India Trade & Investment Cooperation Forum was held in Beijing. Chinese Commerce Minister Chen Deming, Indian Minister of Commerce & Industry Sharma and Vice Governor of Yunnan Gu Chaoxi attended the forum and delivered speeches. Besides, Rahul Khullar, ...

China domestic textile and garment market likely grows 20-25% in 2010

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 ...

China Will Promote Garment Subsidy Program in Rural Areas

Ministry of Industry and Information Technology (MIIT) in 2010 will initiate the rural subsidy program for building materials, network and textile & apparel. Huge foreign investment and fast-growing exports have long been major contributors to China's economic development. With ...

Taiwan's Jan. exports to Chinese mainland highest in 17 months

Qinghe Cashmere Chamber of Commerce was formally established on Jan. 18 2009. The Cashmere Chamber of Commerce is a private, non profit business advocacy organization supported by its business, professional, industrial and personal members. The Cashmere Chamber of Commerce's ...

China to "take initiative" ensuring public security ahead of World Expo

China's Ministry of Public Security Tuesday urged police nationwide to take initiatives in cracking serious crime cases and solving social conflicts to ensure a safe World Expo in Shanghai. Vice Minister Huang Ming said police should seriously crack down on illegal activities, ...

China's Textile Industry Output Rises 10 pct: CNTAC

China's gross output value of textiles rose by 10.3 percent last year, said vice president of China National Textile and Apparel Council (CNTAC) Xu Kunyuan Wednesday. "The output of textile enterprises with annual sales exceeding 5 million yuan (733,000 U.S. dollars) reached 3.8 ...

Textile City Launches Three-dimensional IP System

The importance of intellectual property (IP) in promoting innovation and boosting economic development topped discussions in the officials of the China Keqiao Textile City. They told reporters that the sustained development of three dimensional IP system- the pattern copyright ...

Cutting the Cloth to Fit Green Needs

The 25 textile mill managers gathered at the Shang Lake Garden Hotel earlier this week buzzed with energy, shooting off orders to subordinates on their cell phones, exchanging name cards and then greeting each other like old friends. A set of mostly self-made entrepreneurs with ...

Li Rongrong: Guide Central Enterprises to Make Main Business Strong

Source from the State-Owned Assets Supervision and Administration Commission (SASAC) on February 22 is that director and secretary of the Party Committee of SASAC stated while chairing the collective study of the SASAC Party Commission central group on February 21 that we shall ...

China working hard to increase imports for a balanced foreign Trade

Yao Jian, spokesman of the Ministry of Commerce (MOFCOM), recently said in his statement that in the course of overcoming the adverse impact of the international financial crisis, China not only adopted measures to stabilize export but also took action to expand import. In 2009, ...

Yonghui Special Polypropylene Fibre Program Laid the Foundation

Recently, Yangzhou Yonghui Special Polypropylene Fibre program, with an annual output of 100,000 tons has laid a foundation in Gaoyou, Jiangsu by Bosideng International Holdings, Yangzhou Huamei PP Textile and Shalong Group. Gaoyou is located in the southern part of the Jianghuai ...

Consumption of Textile & Garment Grew Fast in Jan. & Feb.

According to the latest data from State Statistics Bureau on March 11th, the total retail sales of consumer goods accumulated to 2505.2 billion yuan in Jan. and Feb. Of which, the sales of textile and garment valued 110.5 billion yuan, up 23.3% year over year. The growth rate is ...

Stronger RMB not tonic for U.S. economy or manufacturing

A stronger RMB would not be a tonic for the U.S. economy or manufacturing and it would be a huge mistake to raise tariffs on imports from China to force a change in the yuan, says a U.S. trade expert on Tuesday. Daniel Griswold is director of the Center for Trade Policy Studies ...

Credit Evaluation for Textile & Clothing Enterprise Kick-off

On March 15th, China National Textile & Apparel Council held a press conference to announce the kick-off of credit evaluation program for textile & clothing enterprises. The building of credit system in textile and clothing industry, and the evaluation program connects to the ...

China's FDI Statistics in January and February of 2010

In the first two months of 2010, the number of newly-approved overseas-funded enterprises amounted to 3,163, up by 14.56% year on year. The actual use of FDI rose by 4.86% year on year to US$14.024 billion. And in February, the number of newly-approved overseas-funded enterprises ...
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