- China’s textile and apparel industry is advancing under pressure
- In the first quarter, my country’s textile and apparel trade was USD 52.48 billion, a year-on-year decrease of 15.5%. Among them, exports were USD 46.35 billion, down 17.7%; imports were USD 6.13 billion, up 5.4%. Its main characteristics are as follows: First, production gradually recover
- Jul 03, 2020
- The industrial production continued to pick up in May
- In May, the total value added of the industrial enterprises above the designated size grew by 4.4 percent year on year, 0.5 percentage points higher than the growth of April, or up by 1.53 percent month on month. In the first five months, the total value added of the indust
- Jul 03, 2020
- Eurasian Economic Union temporarily exempts import tariffs on disposable protective equipment
- The official website of the Eurasian Economic Union reported that on June 3, the Council of the Eurasian Economic Union adopted a resolution to temporarily waive the import duties on disposable protective equipment and some commodities used in the production of medicines, disinfectants and
- Jul 01, 2020
- U.S. releases fifth batch of additional tariff product exclusion lists
- On June 8, 2020 local time in the United States, the Office of the United States Trade Representative (USTR) released the product exclusion announcement under the fifth batch of USD 300 billion additional goods list, adding 34 exclusion products, including 8 categories of textile and appar
- Jul 01, 2020
- ITMF: Worldwide shipments of new textile machinery decreased in 2019
- In 2019, global shipments of spinning, texturing, weaving, knitting, and finishing machines decreased on average compared to 2018. Deliveries of new short-staple spindles, open-end rotors, and long-staple spindles dropped by -20%, -20%, and -66%, respectively. The number of shipped draw-
- Jul 01, 2020
- Mask industry chain experiences the market “roller coaster”
- As the domestic pandemic situation has stabilized, masks and their production materials have gone from an initial “hard to find” to the current “breaking the reserve price”. Related upstream and downstream enterprises have experienced a “roller coaster” in just a few months. Before the pan
- Jul 01, 2020
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