- China’s tax, fee cuts total 742.8 billion yuan in Q1
- China’s top tax watchdog said on April 29 that the country’s tax and fee cuts totaled 742.8 billion yuan in the first quarter (Q1) of the year. Of the total, the preferential tax and fee measures unveiled in 2020 to support economic development and the containment of the COVID-19 p
- May 09, 2020
- Purchasing Managers Index for April 2020
- In April, China’s pandemic prevention and control further consolidated the good situation, the order of production and life accelerated recovery, and manufacturing and non-manufacturing production and operation activities continued to improve. The manufacturing PMI was 50.8 percent, 1.2 percentage
- May 09, 2020
- Medical Nonwovens Stood out Better in Technical Textile Economy in the First Quarter
- Amid hustles and bustles in the first quarter of the year 2020, the industrial textile sector (internationally known as technical textile industry) in China proved a high confidence index in the textiles for medical and healthcare, safety and protection, filtering and isolation, besides in nonwove
- May 08, 2020
- China’s garment output was 24.472 billion pieces, and industry revenue reached 1.6 trillion yuan in 2019
- In recent years, China’s apparel consumption has shifted from a single subsistence consumer demand to the consumption trend of fashion, culture, brand, and image. The apparel industry is facing pressure from transformation and upgrading, and the growth rate of the industry scale is declini
- May 07, 2020
- Overall performance of the weaving cluster in April: insufficient orders, production continues to slow down
- According to the investigation on the production of weaving enterprises in the cotton textile cluster, in April, the production of enterprises continued to slow down. Production continues to slow down In April, overseas pandemic situation continued to spre
- May 07, 2020
- The domestic demand index of the industrial textile in the first quarter expected to reach 57.9
- The outbreak of the COVID-19 pandemic has made us feel the importance of industrial textiles like never before. After the outbreak, the Chinese industrial textile industry made every effort to ensure the normal supply of raw materials. Many people believe that the only industry currently not affec
- May 07, 2020
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