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China encourages banks to grant more loans

China's State Council, or the Cabinet, said Wednesday it would adopt more favorable policies and update the financial system so as to encourage the country's commercial banks to grant more loans to support economic growth. At an executive meeting presided over by Premier Wen ...

Think tank: China economy to grow over 9% in 2009

Chinese economy is forecast to grow by more than 9 percent next year, according to an annual blue paper released by the Chinese Academy of Social Science on Tuesday. Despite the huge uncertainty in 2009, China could still achieve a 9-percent growth as long as it unveils timely ...

China, U.S. start strategic economic dialogue amid financial crisis

The two-day Fifth China-U.S. Strategic Economic Dialogue is opened in Beijing, Dec. 4, 2008. China and the United States started their fifth strategic economic dialogue (SED) in Beijing amid the deepening global financial crisis and transition in the U.S. government. Chinese Vice ...

China: Seed cotton procurement fall sharply, CCA

The Cotton Production Monitoring Project Group of China Cotton Association investigates seed-cotton harvest and sale in 73 county of 11 major cotton producing province. The result reveals that national cotton harvest end basicly, but because of price drop, seed cotton procurement ...

Swapping, the new shopping

Online bartering has changed a lot since an American guy swapped a pin for a year in a villa some time back. It has become so common that people will trade almost anything, including wait for it used handkerchiefs! And in the current icy economic climate, Chinese "huanke" - ...

Sales Volume in Winter Rose Higer, Price Index Went Up Slightly

——Brief Analysis on Price Index 20081201 According to the data, the price index of the issue 20081201 of "China·Keqiao Textile Index " ended at 93.73 points, up 0.30% than the previous issue in a rising trend. The increasing prices on grey cloths and apparel fabrics made the ...

Insufficient Foreign Orders Caused by Financial Storm Led to the Falling Price and Sales Volume on the Overall Foreign Trade

——Brief Analysis on Foreign Trade Index of Nov. 2008 (Chart One) (Chart Two) Indicated by Chart One and Chart Two, the foreign trade prosperity index of November, 2008 closed at 1237.59 points, down 9.46% than the previous issue, tending to go down; the foreign trade price index ...

Popular Fabrics Output Decreased Sharply, Prosperity Index Slid Slightly

——Brief Analysis on Prosperity Index of Nov. 2008 (Chart One) Indicated from Chart One, The general prosperity index of Nov. 2008 closed at 1144.02 points, sliding down slightly than the previous issue, down 0.58%. In it, the general prosperity index on raw materials closed at ...

China: Above it all

Models present Versace's spring 2009 women's and men's collections during the Italian luxury brand's first fashion show in China. "At Versace, we can say for sure that the financial crisis has not yet had an impact on us," CEO of the high-fashion brand Giancarlo Di Risio told ...

Shanghai Customs reports biggest monthly foreign trade fall in seven years

The Shanghai Customs on Monday reported that November saw the biggest monthly fall in foreign trade since 2001, as the effects of the global financial crisis continued to be felt. Exports and imports via the customs fell by 9.7 percent year-on-year in November to reach 45.4 ...

China November consumer inflation eases to 2.4%

China's consumer price index (CPI), the main gauge of inflation, rose at a slowing annual rate of 2.4 percent in November, the National Bureau of Statistics (NBS) said here on Thursday. Rises in the CPI have now slowed for seven straight months because of a sharp fall in world ...

Macao registers trade deficit of $2.8 bln for first 10 months

Macao's trade deficit for the first ten months of 2008 reached 22.24 billion patacas (2.8 billion U.S. dollars), with exports/imports ratio decreasing from 47.4 percent in the first ten months of 2007 to 38.7 percent in the same period of 2008, according to the figures Monday ...

China seeks to stabilize capital market to buoy economy

·China seeks to stabilize its multi-tier capital market. ·The statement was made by the country's State Council, or the cabinet on Saturday. ·The cabinet will support enterprises to conduct mergers and acquisitions through capital market. China seeks to stabilize its multi-tier ...

China makes policies to address difficulties of enterprises, promote economic growth

China's State Council, or the Cabinet, said on Wednesday that more efforts would be made to encourage enterprises to upgrade technology and engage in independent innovation. It also said there would be policies to promote merger and acquisition among enterprises. The policies ...

Chinese Textile Enterprises Release CSR Reports

With signature of the Supply Chain Coopration Announcement between China National Textile and Apparel Council (CNTAC) and European Foreign Trade Association (FTA), Chinese textile enterprises were going to release their Corporate Social Responsibility (CSR) reports. In the Sino...

China, Japan, S Korea vow to boost effective co-op to tackle economic crisis

Leaders of China, Japan and South Korea agreed Saturday to enhance effective cooperation in dealing with challenges amid the raging global financial crisis. It is important to enhance regional cooperation to tackle the ongoing financial turmoil, said the Joint Statement on the ...

Christmas Day is Coming

Christmas Day is coming! Are you ready? Photo Source: www.shishangqiyi.com

Giordano wins the Hong Kong Proud Brands Award

Giordano was the winner in the Hong Kong Proud Brands Award 2008 in the Fashion and Sporting Goods Retailer category. The Hong Kong Proud Brands Award is jointly organized by Ming Pao and the Chinese University of Hong Kong Marketing MSc program. This is the second consecutive ...

PetroChina Daqing Ethylene plant to use Shaw Furnace Technology

The Shaw Group Inc. announced its Energy & Chemicals Group has been awarded a contract to provide its proprietary ethylene furnace technology for a 600 KTA grassroots ethylene plant in China. The plant, for PetroChina Daqing Petrochemical Company, will be located in Daqing, ...

Textile Makers Press For Import Monitoring

As China took over a record 54 percent of the US market for apparel imports in November, textile manufacturers renewed their appeal for a government monitoring program covering imports from China. The Bush administration has refused to extend import quotas due to expire at the ...
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world

market

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finance

company

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industry

sports

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