• Xinjiang exports 30.051 billion yuan of textiles and apparel in Jan.–Dec. 2020
      According to statistics, from January to December 2020, the export value of textile yarns, fabrics and products at Xinjiang port was 5.378 billion yuan, a year-on-year decrease of 16.56 percent; the export value of clothing and clothing accessories was 24.672 billion yuan, a year-on-year d
      Feb 01, 2021
    • Vietnam becomes China’s sixth largest trading partner for the first time
      According to data from the General Administration of Customs of China, despite the many difficulties caused by COVID-19, China’s foreign trade volume has increased by nearly 2 percent, making China the only major economy in the world that achieved positive growth in commodity trade in 2020
      Feb 01, 2021
    • U.S. cotton exports rise on China demand: USDA report
      Despite U.S. cotton production falling 5 million bales from the previous year, the country’s exports are forecast at 15.25 million bales for the ongoing marketing season 2020-21 that began in August. In the five months to December, China has accounted for almost half of U.S. cotton exports
      Feb 01, 2021
    • What is the textile industry data when China’s GDP exceeded 100 trillion yuan?
      According to preliminary calculations, the GDP in 2020 was 101,598.6 billion yuan, an increase of 2.3% over the previous year at comparable prices. In quarterly terms, the first quarter was down 6.8% year-on-year, the second quarter was up 3.2%, the third quarter was up 4.9%, and the fourt
      Jan 29, 2021
    • EU strategy for textiles roadmap published
      A roadmap setting out the European Union (EU) strategy for sustainable textiles was published early   in January 2021. The initiative, launched by the European Commission, notes that the strategy is aimed at shifting the EU to a climate-neutral, circular economy where products
      Jan 29, 2021
    • Why does the Indian cotton price hit a five-year high?
      According to feedback from some Indian cotton companies and international cotton merchants, although the main ICE cotton futures contract fluctuated around the 80 cents/lb and the rise in the U.S. dollar index led to a phased correction in commodity futures, CAI forecasted the total output
      Jan 28, 2021
     
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