In the first quarter of this year, Chinese stock exchange listed textile manufacturing companies achieved a collective operating income of approximately Yuan 30.95 billion, up 9.8 percent year on year. Total net profit of these companies stood at Yuan 1.79 billion in the first three months of
China’s Cotton Textile Prosperity Index has rebounded to above the critical point of 50 in March from that recorded in February 2024. China’s cotton textile prosperity index in March was 52.9%, higher than the critical point and up 6.5 percentage points from February. Cotton textile factories have successfully resumed work and production after the spring […]
Net profits of major Chinese textile companies rose 7.2 percent year on year to Yuan 180.2 billion in the previous year. “The collective operating revenue of these textile enterprises amounted to Yuan 4.70 trillion in 2023, down 0.8 percent over 2022,” data of the Ministry of Industry and Information Technology informed. In the previous year, […]
China has revised the regulations which textile printing and dyeing companies will need to follow from January 2024. The first regulation is for machinery and equipment under which the new regulations specify using technologically advanced, green and low-carbon process machinery and equipment. It also suggests strict control of automatic dispensing and delivery system of
In November, China’s cotton textile prosperity index witnessed a slight rise of 0.3 percent over October and stood at 49 percent. The seven sub-indexes that make up the China Cotton Textile Prosperity Index are all below the critical point of 50. Within the sub-indexes the raw material procurement index, product sales index, product inventory index […]
A Chinese delegation compromising of leaders from the textile industry met with the Pakistan Commerce and Industry Minister to explore opportunities for cooperation in the textile industry. The Vice President of China Chamber of Commerce for Import and Export of Textiles (CCCT) Zhang Xinmin held talks with Minister for Commerce and Industry, Dr Gohar Ejaz. […]
Recycling offers major opportunities in China. Weavers, knitters and garment makers are under pressure to create products that have a significant share of recycled fibres, says Thomas Oetterli, CEO of Rieter Group How would you describe your overall experience at ITMA Asia + CITME? Rieter experienced great success. The booth was crowded with a mix […]
Xinjiang province in China which accounts for 90 percent of total Chinese cotton production is now becoming a textile and apparel production centre. As of date, there 3,720 textile and clothing manufacturers compared to only 711 in 2014 Attracted by the advantage of easy cotton availability, 1,340 of the 3,720 companies have invested from outside […]