China Textile ＂Going Out＂- Egypt,Opportunity for China Textile

The global financial crisis has made a huge impact on China export-based enterprises, among which the first affected industry was textile industry. According to the latest reports from China Ministry of Industry and Information Technology （MIIT） issued in November 2008, revealed that profits for the textile industry in China that had increased 36.9% in 2007, and decreased by 0.7% for the same period in 2008. This amounted in a total loss of RMB 22.13 billion, an increase of 97.7%, with the scope of loss reaching up to 20.4%.     

EU,China Agree to End Textile Quotas

The European Union (EU) has agreed with China to end quota re- strictions on Chinese textile imports with a joint surveillance sys- tem to monitor the trade flow in 2008,the European Commission said early this month.     

China and Egypt:More Cooperation Brings Prosperous Future——Interview with H.E.Ali El-Hefny, Ambassador of Egypt to China

"I think that one of the most important fields in which China and Egypt have remarkable complementarities is the field of science and technology."     

China and Egypt：More Cooperation Brings Prosperous Future——Interview with H.E.Ali El-Hefny,Ambassador of Egypt to China

With long history and outstanding cultural achievements, China and Egypt have good cooperation in politics, economy, tourism, andeducation, Focusing oneconomy, what complementarities do you think our two countries have? What kind ofpotentials could be discovered and in which aspects could we enhance economic and trade cooperation?     

Challenges Rising for China＇s Textile Exports in Post-Quota Era

The explosive growth of Chinese textile exports following the end of the global textile trade quota system has set off protectionist alarms in the West, and two of the biggest western industrialized countries or utilities, the United States and the European Union, coincidentally, both triggered processes to limit textiles imports from China, sparking an angry response from the rising Asian giant who swore it would not be pushed around on the issue.     

Invest in Textile in Western China？

The thirteenth Investment ＆ Trade Forum for co-operation between East ＆ West China was held in Xi＇an, Shaanxi Province in April,2009. Under the upsurge of Western China Development, Shaanxi enjoys countless business opportunities and broad investment space.     

China Welcomes WTO's Scheduled End to Textile Quotas

Top Chinese representative to the World Trade Organization (WTO) has said the elimination of quota restrictions on textiles and garments from next year will bring open competition to the sector but China is against any attempt by WTO members which are trying to block China's export of textile products. Earlier last week, the WTO agreed to eliminate quota restrictions on textiles and garments from Jan. 1, 2005.     

Subprime Crisis Damages China＇s Textile Exports

As the effects of the subprime crisis in the U.S. continue to grow and spread across the ,world, many financial institutions in the U.S. and E.U. have closed down.     

China to Cancel Textile Export Tariffs in 2006

Jin Renqing, Chinese Finance Minister, said that China will can cel export tariffs. It imposed on outbound textile products as of the coming year, while maintaining its flexible import tariff on cotton that falls outside the import quota.     

China＇s Machinery Industry Going Like Gangbusters

Output in China＇s machinery industry soared 32% year on year to RMB 1.5 trillion （US$196 billion） in the first quarter, according to the latest report from the National Development and Reform Commission.     

Objectives for Development of Chinese Textile Industry

The Textile industry is one of the mainstay industries of the national economy and China should be counted as the top textile country in the world in terms of production scale of raw materials and finished products and huge textile consumption. The rapid development of production and the availability of more textiles have stepped up the Chinese people's advance to a well-offlivelihood.     

China Issues First 2006 Textile Quota Certificate to Exporter

On Dec. 20, the Shanghai Shenda Import and Export Co. got the first textile quota certifi cate issued by the Ministry of Commerce for 2006. "I see a good sign (for China's export in 2006)," said Yao Xiyi, general manager of Shenda upon receiving the quota for producing 1, 210 boxes of 12     

Best Airline——China for Third Consecutive Year

Dragonair has been voted Best Airline - China for the third consecutive year in the Skytrax passenger survey.Conducted by Skytrax Research of the UK, the world's \"largest\" passenger survey was undertaken over the 10 months from June 2003 to March 2004, with the number of eligible nominations?for Airline of the Year totalling 10.8 million.\"To be voted Best Airline - China for a third consecutive year in the Skytrax survey is a huge compliment by the travelling public to all the staff at Dragonair,\"said Chief Executive Officer Stanley Hui. \"The results reaffirm that Dragonair     

Environmentally Sustainable Textile Consumption—What Characterizes the Political Textile Consumers?

The textile and clothing industry is considered as one of the most polluting industries in the world. Still, the regulation of environmental hazards connected to the industry is very limited, and much responsibility is placed on the shoulders of consumers. One of the few ways that ordinary consumers can seek to influence the textile and clothing industry is through their own consumption practices and their wallet. This article departs from the discourse on sustainable consumption and the role of the consumer as an agent for change, and the article investigates the characteristics of the consumers who practice deliberate environmentally sustainable consumption of textiles and clothing. This is done through the lens of political consumption. Based on a cross-national survey conducted in five Western European countries, factors that have been found to predict general political consumption in previous research are tested on the field of textiles and clothing. The findings demonstrate both similarities and some discrepancies with previous studies of political consumption as well as significant country variations.     

China Issues First 2006 Textile Quota Certifi cate to Exporter

OPEC countries, which produce 40% of the world＇s oil, are step ping up efforts to secure their market share in China as the group competes with Russia to supply the world＇s fastest-growing energy market.     

China＇s Textile to Encounter Anti-dumping Peak in 2009

According to the Paragraph 242 of China＇s WTO Accession Report, by December 31, 2008,the importers are still allowed to set limitations on the quantities of the products on which China has abandoned the quotas, basing on the condition that they recognize that the Chinese products imported have disordered their domestic markets. Up till now, the USA, the EU, South Korea, Japan, Canada, India, etc., have launched legislation process in line with the Paragraph 242.     

China＇s Textile Rose up 20% during 2005

China enjoyed an estimated 20% rise in revenue, profits and exports in 2005 despite trade rows with the US and the EU, according to a report from the China Chamber of Commerce for Import and Export of Textiles.     

China Hopes to Improve Textile Communications with USA and EU

China hopes to improve its communications with the United States and European Union as textile manufacturers in both economies have expressed great concerns since the abolition of textile trade quotas on January 1.     

YUAN POLICY,Good for China,Bad for the World？

As we can learn from this world financial crisis,it seems to be an acceptable fact that China can not be regarded as a heavy victim.On the contrary,in the opinion of many foreigners,China is greatly benefiting from this financial crisis by holding its exchange rate fixed as a heavy victim. On the contrary, in the opinion of many foreigners, China is greatly benefiting from this financial crisis by holding its exchange rate fixed against the dollar, which obviously fuels its export an important engine for economic growth. Statistics show that China has maintained strong economic growth in the first three quarters of 2009,     

China Welcomes WTO＇s Scheduled End to Textile Quotas

Top Chinese representative to the World Trade Organization (WTO) has said the elimination of quota restrictions on textiles and garments from next year will bring open competition to the sector but China is against any attempt by WTO members which are trying to block China‘s export of textile products.