• Textile capacity utilization rate increases by 7.2pc in the first three quarters
      China’s industrial capacity utilization rate stood at 77.1 percent in the third quarter, up 0.4 percentage points from the same period last year, the National Bureau of Statistics (NBS) said. In the third quarter, the utilization rate of manufacturing capacity was 77.3 perce
      Nov 02, 2021
    • Germany cuts 2021 GDP growth forecast, lifts 2022 estimate
      The government is sticking to its assessment that the price surge will be temporary, and sees inflation easing to 2.2 percent in 2022 and to 1.7 percent in 2023. The German government has cut its economic growth forecast for this year to 2.6 percent, but lifted its estimate
      Nov 02, 2021
    • Myanmar heading towards economic crisis
      The southeast Asian nation of Myanmar, which saw military junta snatching power from a democratically-elected government through a coup on February 1 this year, is heading towards an economic crisis. Reports indicate that people are forming large queues to withdraw money from their bank ac
      Nov 02, 2021
    • CNITA elected new Council and celebrated its 20th anniversary
      On October 20, China Nonwovens and Industrial Textiles Association (CNITA ) successfully held the Fifth Member Congress and the celebration ceremony of its   20th anniversary in Beijing. The Congress   reviewed and approved the report of the Fourth Council,
      Oct 29, 2021
    • 2021 Ningbo Fashion Festival kicked off grandly
      This year is the first year of the "14th Five-Year Plan", and it is also the intersection period of two hundred years of history. Standing at a new starting point and in the stage of deep adjustment, how can the fashion and garment industry adapt to the new situation and achieve new goal? The Ning
      Oct 22, 2021
    • The 10th (Shengze) Textile Expo send the "Green, Technology and Fashion" business card to the world
      On October 20th, 2021, the 10th Jiangsu (Shengze) Textile Expo opened. As a business card transmitted by Shengze textile industry, it is also an important window to show it to the world. Jiangsu (Shengze) Textile Expo has set up a multi-faceted platform for merchants from all over th
      Oct 21, 2021
     
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