Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Textile Tools: Save | Print | E-mail | Most Read | Comment
Textile machinery import speeds up
Adjust font size:

China imported US$2.69 billion worth of textile machinery in the first seven months of this year, a growth of 28 percent on the same period of last year, according to the General Administration of Customs.


The growth rate was 8.8 percentage points higher than that for the whole of last year.


Of the total arrivals, foreign-funded companies made up US$1.22 billion worth, or 45.4 percent, private businesses accounted for US$740 million worth, or 27.6 percent, and state-owned enterprises, US$590 million worth, or 21.8 percent.


A majority of 78.4 percent of the textile machinery arrivals came from the European Union and Japan, with the former providing US$1.26 billion worth, or 46.8 percent, and the latter, US$850 million worth, or 31.6 percent.


Jiangsu, Zhejiang and Guangdong provinces were the top three importers, accounting for 71 percent of the total arrivals.


Customs sources attributed the fast growth in textile machinery imports to growing domestic demand for better equipment to used for production upgrading.


(Xinhua News Agency October 20, 2007)


Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- Cotton exports rise 32.29%
- New rules for EU exports
- EU, China agree to end textile quotas
- Textile export move likely
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Macao's gaming market expands further
-Online operators are on top of the game
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- 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?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号