- 7 textile dyeing and printing companies invest 1 billion in Guangxi
- On January 1, 2021, Fumian District, Yulin, Guangxi, held a signing ceremony for the project of the Eco-Textile and Apparel Industrial Park. 7 companies signed contracts with a cumulative investment of 1 billion yuan and officially settled in Yulin (Fumian) Ecological Textile and Apparel I
- Jan 14, 2021
- EU, China agree for Comprehensive Investment Agreement
- The European Union (EU) and China agreed in principle to the EU-China Comprehensive Investment Agreement (CAI) that was tentatively approved on December 30, 2020. It will be the most ambitious agreement that China has ever concluded with a third country and will ensure that EU investors ac
- Jan 14, 2021
- Brazil’s cotton exports hit a record high in 2020
- In 2020, Brazil’s cotton export volume and export revenue hit a record high. The export volume of cotton was 2.1 million tons, and the foreign exchange earned from exports was USD 3.2 billion. Major buyers include China, Vietnam, Pakistan, and Turkey.
- Jan 14, 2021
- UK high street fashion brands get a boost with £830 million package
- The British government has announced an £830 million package for high street fashion brands to help them recover from the pandemic. “2021 will be an immense one for the high street brands as it pursues to recover, adapt and change as a result of the pandemic, the boost package wi
- Jan 14, 2021
- The profits of textile enterprises above designated size increase by 7.5% in the first 11 months of 2020
- According to the National Bureau of Statistics, from January to November 2020, the total profits of industrial enterprises above designated size across the country achieved 5744.50 billion yuan, a year-on-year increase of 2.4%, and the growth rate increased by 1.7 percentage points from Ja
- Jan 13, 2021
- Prosperity index of professional market drops slightly in Dec. 2020
- The prosperity monitoring results of the China Commercial Circulation Association of Textile and Apparel (CATA) show that in December 2020, the national textile and apparel professional market manager’s prosperity index was 50.16, a decrease of 0.59 percentage points from November’s 50.75;
- Jan 13, 2021
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