“Textile export tax rebate rate may be raised again” rumors reflect the industry’s dilemma

“Textile export tax rebate rate may be raised again” rumors reflect the industry’s dilemma

After the Ministry of Finance raised the export tax rebate rate for textile and apparel from 11% to 13% on August 1, 2008, according to overseas media reports, relevant officials from the National Development a…

The chairman of a textile company laments the cold winter: It seems that the world has changed

The chairman of a textile company laments the cold winter: It seems that the world has changed

With the full outbreak of the financial crisis, textile companies have fallen into panic, and the situation will become increasingly severe ​ “During the Spring Festival of 2008, I stood for a long time in fron…

Orders reduced in the second half, and migrant workers from textile companies in the Pearl River Delta had no choice but to return home

Orders reduced in the second half, and migrant workers from textile companies in the Pearl River Delta had no choice but to return home

Affected by factors such as declining consumer demand in Europe and the United States and increasing labor costs, processing trade companies in the Pearl River Delta region saw fewer orders in the second half o…

Vietnam’s textile export growth slows

Vietnam’s textile export growth slows

According to Vietnam’s “Investment News”, Vietnam’s textile exports in the first nine months of 2008 were US$6.8 billion, a year-on-year increase of 20.2%. In the remaining three months,…

European Commission agrees to help Italian textile industry workers

European Commission agrees to help Italian textile industry workers

According to reports from the Italian ANSA website, according to Brussels news, at the request of relevant Italian organizations, the European Commission agreed to provide certain subsidies to employees of Ital…

External demand has slowed significantly, and the transformation of textile enterprises has become an inevitable way out

External demand has slowed significantly, and the transformation of textile enterprises has become an inevitable way out

China’s textile industry, as a traditional labor-intensive industry that employs about 20 million workers, has just begun the pace of industrial upgrading and structural adjustment in recent years, but it has e…

, U.S. textile and apparel imports continue to decline

, U.S. textile and apparel imports continue to decline

Affected by the economic recession, U.S. textile and clothing imports continued to decline in July and August 2008, and the import of textiles and clothing from China dropped significantly. In August 2008, U.S.…

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The textile industry is troubled and not optimistic

The textile industry is troubled and not optimistic

At the just-concluded “2008 International Cotton Textile High-Level Forum”, relevant experts believed that although the country had previously introduced some support policies, the textile industry …

Hurun Apparel Rich List Revealed, Per Capita Wealth 100 Million Yuan

Hurun Apparel Rich List Revealed, Per Capita Wealth 100 Million Yuan

“The 2008 Hurun Fashion Rich List” was announced. The Zhou Chengjian family of Meters Bonwe became the richest clothing richest person with a wealth of 17 billion yuan, and Li Ning ranked fourth wit…

Jordan Textile and Garment Union calls for higher wages for Jordanian workers at QIZ garment factory

Jordan Textile and Garment Union calls for higher wages for Jordanian workers at QIZ garment factory

The Jordanian Ministry of Labor is working with the Jordanian Textile and Garment Union to negotiate with QIZ (Qualified Industrial Zone) factories to increase the minimum wage of 12,000 Jordanian workers in QI…


 
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