The report shows that the scale of China’s cross-border e-commerce market reached 10.5 trillion yuan in 2019, an increase of 16.66% compared with 9 trillion yuan in 2018. Chinese cross-border e-commerce has increasingly higher requirements for capital, technology and services, and the indu
In June, the market confidence of spinning enterprises is even less. Enterprises generally believe that regardless of domestic demand or foreign trade, the downstream market will enter the off-season, and the cotton textile industry will once again face a big test. SMEs may face the crisis
Of all the manmade fibers, polyester fiber is the best known for its largest production in the world, and particularly in China where you will find 47.51 million tons of polyester fiber produced out of the total manmade fiber production that reached 58.27 million tons in 2019, accounting for 81.53
The latest data released by the China General Administration of Customs on the 7th showed that China’s foreign trade imports and exports reached 2.47 trillion yuan (RMB, the same below) in May, a year-on-year decrease of 4.9%, and the decrease was 4.2 percentage points higher than that in
Recently, the Ministry of Industry and Information Technology approved the establishment of the National Advanced Dyeing and Printing Technology Innovation Center. The National Advanced Dyeing and Printing Technology Innovation Center will focus on high-quality dyeing and printing product
According to China’s customs data, from January to April 2020, China’s total exports of textiles and apparel reached USD 70.139 billion, a year-on-year decrease of 10.49%. Although the decline from January to March was narrowed, it still fell by 7.17 percentage point year-on-year.
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