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China: Govt reduces rebate rate on export duty

Chinese Government has decided to reduce export duty rebate rate on clothing by 2 percent within one month. Exports of China exceeded imports and favourable balance amounted to US $14.6 billion which has forced Government to reduce rebate on export duty. On the other hand, ...

Wendeng honored as Craftwork Household Textile City

Wendeng city has been awarded the title of Craftwork Household Textile City by China Household Textile Trade Association. Craftwork household textile industry is a traditional culture in Wendeng city, where women use their embroidery skills to create beautiful scenes on clothes, ...

Xiahushijia staff back quality clothes

Employees of Xiahushijia plant, recently ripped up over 1000 pieces of poor quality garments, encouraging people to concentrate on quality product. Governemnt has declared this September the month of quality; during the month, major steps will be taken to create awareness about ...

China's textile export profits to shrink as yuan appreciates

China's textile industry will start to lose money if the yuan continues to appreciate, according to a report by the National Development and Reform Commission (NDRC). "With their average profit margin currently at 3 percent, textile companies will no longer be able to absorb the ...

China's textile and garment imp.&exp. grows about 21% for past 7 months

It is known that from January to July this year, China's total import and export of textiles and clothing year-on-year increases 21.4%, accounting for 9.18% of the total value of imports and exports.From Jan. to July,the trade surplus of textile and apparel achieves 65.86 billion ...

Shanghai Home Textiles Show highlights Woolmark

The response to The Woolmark Company's exhibition at the recent InterTEXTILE Shanghai Home Textiles Show in China has been extremely positive, signing new Woolmark interior textile licensees and showcasing wool-based bedding products to thousands of international visitors. Held ...

Pak, China soon to hold FTA talks in Beijing

Pakistan, China is scheduled to hold fourth round of negotiation on Free Trade Agreement (FTA) in Beijing later this month. A senior official of the Chinese Commerce Ministry told APP that they were looking forward to expedite the negotiation process in order to complete it by ...

Prize Giving Ceremony of Jifa"Gold Award for the Exhibited Product"

Prize Giving Ceremony of Jifa Cup Gold Award for the Exhibited Product . Excellent Booth Award , The excellent Award for promoter was held in Qingdao International Convention & Exhibition Center ceremoniously on Sep.3. After appraising, Dance with Wolves, Double star, Sinoer etc ...

The information from Sports Product Expo.

Last week, 2006 Asia Sports Products Exposition Was held in Nanjing and attracted the attention from sports products wholesalers, retailers, producing enterprises for fabric, accessory etc. Total 174 brands at home and abroad took part in the exhibition, the exhibition scale ...

Overseas dealers enjoy fashion show in Ningbo

In the morning of Sep.2, the curtain of The 3rd Annual Convention of Overseas Chinese enterprise in Science & innovation was drawn in the sourcing place of China fashion , hometown of Hongbang tailor Ningbo,Zhejiang formally. Over 100 overseas Chinese and traders from Hong Kong & ...

Textile manufacturers brace for more losses

China's textile manufacturers, hit by the strengthening of the yuan against the US dollar, are bracing themselves for more losses with further currency appreciation expected in the coming months. Barry Zhang, senior manager of Shanghai Foreign Trade Co Ltd's textiles department, ...

Lining got 130 million net profit for half a year

Reportedly, "For the past six months of this year, Lining s sales reached 1.371 billion yuan, net profit reached 129 million yuan, an increase of 65.9% over the same period last year." Lining Company Limited announced in Beijing recently. Lining will develop harder on footwear ...

Fake FIFA shirts siezed in Zhejiang

In a batch of men's shirts exported to the UAE, over 30 thousand sets of fake FIFA football sporting clothes and over 11200 pieces of fake FIFA T-shirts have been tracked down and seized by Hangzhou, Zhejiang, customs-house. FIFA delegate affirmed that all were invading right to ...

Aokang keeps foreign partnership at bay

Aokang Group Chairman revealed that the company had no intention of merging with any international brand, although several transnational investment groups have expressed keen interest for collaboration. Company explained that China Shoe Leather Association has decided to create ...

2006 Zhengzhou 1st International Textile & Apparel Trade Fair will be held on November

Learned from the government of Zhengzhou in Henan Province, 2006 China Zhengzhou 1st International Textile & Apparel Trade Fair, and China's textile industry development summit forum will be held in Henan China Yuantong Textile City on 9 November. Henan China Yuantong Textile ...

South Africa posed quota on China 31 categories of export textil

Ministry of Commerce declared on Sep.5 that since Sep.28, 31 categories of textile including shirt, dust coat will be posed import limition of South-Africa. It is known that China s textile & fashion exported to South-Africa was increased by over 80% every year, especially ...

The cotton in Zhangjiagang imported from India is seen to be short weig

The information from Zhangjiagang Entry & Exit Inspection And Quarantine Bureau shows that the short weight rate of cotton imported by Zhangjiagang Bonded area from India reach 3.2%, higher than the general one of import cotton 1%. In August, one company in Zhangjianggang ...

271 HongKong dealers export products to inland without tariff

Total 271 HongKong dealers exported products to inland without tariff. The stat. from Custom Bureau Shenzhen Original Production Area Management Office showed that with the carrying out of favorable measures , the number of involved Hong Kong dealers increased and reached 143 in ...

Footwear export to Russia surge

This year is 'Russia Year', as many domestic manufacturers are preparing to participate in the Light Industry Products Exposition, which will be held this month in Russia. Demand for Chinese products in Russian markets is rapidly growing and the firms wish to gain as much as ...

The clearance rate in Sino-EU agreement issued by EU custom (0906)

Category Product name Unit January1-Dec.31 January1-April.21 Clearance rate% Quota amount Clearance amount 2 Tatting cotton Kilogram 61,948,000 26,141,232 42.2 4 T-Shirt Piece 540,204,000 198,261,384 36.7 4C Piece 45,017,000 19,974,047 44.37 5 Wool suit Piece 189,719,000 86,846...
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finance

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industry

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