Home / Business / Textile Tools: Save | Print | E-mail | Most Read | Comment
China to remove export quota on cocoons, silk threads
Adjust font size:

China's Ministry of Commerce (MOC) said here on Thursday the quota on cocoons and certain silk thread products will be removed starting January 1, 2009.

According to a statement on the MOC website, related exporters no longer need to apply for an export quota license when the policy becomes effective.

The 2008 quota was 26,000 tons for silk threads and 300 tons for cocoons.

The move is expected to boost silk and cocoon sales in light of an economic slowdown in the Chinese textile industry.

(Xinhua News Agency November 21, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- Coal export quota gets green light
- Bid Result of Textile Export Quota to US Publicized
- Coal Export Quota Set at 80 Mln Tons
Most Viewed >>
- Global car giants bet heavily on China
- China ranks No.1 holder of US bonds
- Shanghai Disneyland 'certain' to go ahead
- The 6th China (Guangzhou) International Automobile Exhibition
- Einar Tangen: G20 of little use; new ideas needed for crisis
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?