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Textile

Investment Gains Shore up Profits in Textile Industry

The profit growth of China's textile industry is not as sanguine as it looks because textile firms have been making more money out of investments than out of their core business, industrial analysts have claimed.

China Economics Monthly

China Trade Fairs 2007

Boao Forum for Asia 2007

Tax Rebate Cut Changes Textile Export Strategy

The tax rebate of textile exports will be reduced to 11 percent from 13 percent from this month, which will mean a 25 percent profit drop to Fomo, a Beijing-based garments company.

Textile Profit Shrinks on Tax Rebate Slash

Starting from July 1, China will cut or eliminate export tax rebates for more than 2,800 export items. This is the boldest move yet to rein in exports since China joined the World Trade Organization in 2001.

-	Reserve Director Named
-	Coal Reserve Proposed in Law Change
-	Oil Reserves to Be Ready in 1 Year
-	Electricity Demand Hits Record High as Beijing Swelters
-	Sinopec Head Replaced
-	Coal-to-oil Converter Set to Start Work
-	Big Outlays Seen in Renewable Energy
-	PetroChina Plans US$6b A-share Offer
-	Tax Break to Promote Clean Energy
-	T-shirts Order of the Day

-	Civil Servants Experience Shortage of Energy
-	Use of Clean Energy Gets Scientific Boost
-	Experts: Use Waste to Save resources
-	After Beijing, Another City to Have 'Energy Police'
-	Big Credit Line Part of Clean Power Push
-	Yangzhou The 2nd City to Have 'Energy Police'
-	Right-bank Turbine of Three Gorges Starts Operation
-	Public Called to Participate in Saving Energy
-	Energy Inspectors to Roam Capital
-	Coal Liquefaction May Come to an End: Official

-	Balance Food Supply and Bio-energy
-	Food-based Ethanol Fuel May Be Halted
-	China May Halt Production of Liquefied Coal
-	Daqing Turns to Green Oilfield
-	Sizzling Weather Challenges Beijing's Energy-saving Goals
-	Energy-saving Air Conditioners Get Support
-	China, Kazakhstan Vow to Boost Energy Cooperation
-	Vice Premier Stresses Energy Saving, Emission Reduction
-	No Lower than 26℃ in Air-conditioned Rooms
-	Beijing to Cut Emissions for Games

-	Power Industry Reshuffle Continues
-	Sinopec Confirms Major Discovery in Xinjiang
-	More Solar Companies to List on NY Exchange
-	CNOOC Eyes Overseas Oil, Gas Assets
-	Non-Fossil Fuels to Contribute 30% to Energy Consumption
-	China Becomes Net Coal Importer
-	Largest Gasfield Discovery May Be Declared Soon
-	Stalks Could Replace Manure to Make Methane
-	China, US to Gain from Concrete Energy Pact
-	Both Sides to Gain from Concrete Energy Pact

-	Middle East Fantasy
-	Solar Energy Giant in China
-	Nuclear Energy Hurdle
-	Energy-consuming Power Stations Destroyed
-	Energy-saving Potential Stressed in Countryside
-	Joint Project Helps Reduce Carbon Dioxide Emissions
-	Energy-saving Potential Stressed in Countryside
-	Renewable Energy and Energy-Saving Expo to Be Held in June
-	Oilfield May Have 'More Reserves' than Estimated
-	Crude Oil Imports Up 11%

July 3, 2007

Currency (Unit:100)

RMB

US dollar

Euro

Japanese yen

HK dollar

British pound

759.51

1034.45

6.2044

97.164

1532.46

Bank of China Quotations

Jun. 7-9 The 4th China Int'l Foodstuff (Guangzhou) Expo
Jun. 8-12 The 6th China Int'l Consumer Goods Fair
Jun. 15-19 China Harbin Int'l Fair for Trade and Economic Cooperation
Jun. 21-23 China Int'l Dairy Expo & Summit

July 18?????????????? Beijing
International Copyright Forum
July 19?????????????? Shanghai
Shanghai Finance Forum
Sept. 6 – 8??????? Dalian
Summer Davos Summit

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Development Zones More Categories >>

-	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

-	Communique on Land and Resources of China 2005
-	Statistical Communiqué on Labor and Social Security Undertakings in 2006

-	Law of the People's Republic of China on the People's Bank of China
-	Port Law of the People's Republic of China
-	Law of the People's Republic of China on Commercial Banks
-	Law of the People's Republic of China on Regulation of and Supervision over the Banking Industry
-	Rules for the Implementation of the Patent Law of the People's Republic of 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?

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