• Ministry of Commerce: Cross-border e-commerce retail exports increased by 12% year-on-year in the first 5 months
      On July 2, Gao Feng, a spokesman for the Ministry of Commerce, introduced that in recent years, as a new foreign trade format, cross-border e-commerce retail exports have been booming, which has played an active role in opening up overseas markets, and stabilizing employment for SMEs. In 2
      Jul 16, 2020
    • Nantong strives to exceed 300 billion yuan in output value by 2025
      The 2020 China Nantong Jianghai Expo, which opened on July 3, focuses on the high-end textile industry. Nearly 20 high-end textile industry projects have been signed with a total investment of 33.5 billion yuan. The 2020 China Nantong Jianghai Expo is online and offline simu
      Jul 16, 2020
    • Economic operation of dyeing and printing industry from January to April 2020
      1. Output of dyeing and printing cloth From January to April 2020, the output of dyeing and printing enterprises above designated size was 13.305 billion meters, a year-on-year decrease of 15.86%. Since April, although China’s pandemic prevention and control has achieved stage
      Jul 16, 2020
    • Vietnam: Insufficient orders, textile and apparel exports decline
      According to the information provided by the Vietnam Cotton Yarn Association, Vinatex said that market demand will resume from the third quarter of this year, and it is expected that textile and apparel exports for the whole year of 2020 may fall by 20% compared with 2019. A
      Jul 15, 2020
    • BCI cotton accounts for 22% of global production in 2019
      According to the 2019 annual report of the Better Cotton Initiative (BCI), cotton produced by chartered BCI farmers accounts for 22% of global cotton production. BCI retailers and brand members purchased more than 1.5 million tons of BCI cotton in 2019, a 40% increase from 2
      Jul 15, 2020
    • Purchasing Managers Index for June 2020
      1. Manufacturing Purchasing Managers Index In June 2020, China’s manufacturing PMI was 50.9 percent, up by 0.3 percentage point from last month. In terms of enterprise scale, the PMI of large and medium enterprises was 52.1 and 50.2 percent, rose by 0.5 and 1.4 percentage p
      Jul 15, 2020
     
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