China's foreign trade volume rose 15.9 percent year-on-year to 22.52 trillion yuan ($3.39 trillion) in the first ten months of this year, official data showed Wednesday. Exports increased 11.7 percent to 12.41 trillion yuan, while imports surged 21.5 percent to 10.11 trillion yuan, the General Administration of Customs (GAC) said. The trade surplus shrank 17.8 percent to 2.3 trillion yuan in the same period. "China's imports and exports witnessed rapid growth in the first ten months,

Raw cotton exports increased by 69.70 per cent during the first quarter of current fiscal year (July-September) as compared to the same period of last year, according to PBS. Raw cotton worth $29,624 was exported during the first quarter of current year as compared to $17,457 of last year. Cotton yarn worth $320,942 was exported during the first quarter of current year as compared to $306,958 of last year. Cotton yarn exports increased by 4.56 per cent during the first quarter of current fisc

The Shandong Ruyi Technology Group (Ruyi) of China recently announced plans to open its first North American factory in Forrest City, Arkansas. The new unit will create 800 jobs, and Ruyi will invest $410 million to renovate a former Sanyo manufacturing centre in the city. It plans to spin more than 200,000 tonnes of Arkansas cotton annually into yarn. The textile giant is scheduled to open in mid-2018. Arkansas is the fifth-largest cotton producing US state. Ruyi is likely to absorb alm

According to provisional figures provided by India’s Office of Textile Commissioner, staple fibre production amounted to 923.85 million kg in 2017 up to August, down 0.5% relative to 928.73 million kg produced during the same period the year before. Within the month of August, an additional 140.89 million kg of staple fibre were produced in India, up 17% relative to 120.43 million kg during the same month the year before, and up 17.6% relative to 119.85 million kg produced in July. In 2017

US garment-textile and footwear businesses are seeking their own investment opportunities in Vietnam as their country has withdrawn from the Trans-Pacific Partnership (TPP) earlier this year. In late October, the American Apparel & Footwear Association (AAFA) and the American Chamber of Commerce in Vietnam (AmCham Vietnam) held a series of activities in Ho Chi Minh City, including an international workshop on product safety and compliance issues. In the first eight months of 2017, Viet

China's economic growth will reach 6.8 percent year-on-year in 2017, thanks to the strong economic momentum witnessed in the first six months of the year, rebound in exports and a favorable external environment, a new report said. The report, published by the Investment Strategy Group, a research unit of Goldman Sachs, said the country's gross domestic product is on track to clock the first uptick since 2010 in 2017. "This would be the first, albeit modest, acceleration in annual growth si

Gymshark, a fitness apparel and accessories brand, manufacturer and online retailer based in the United Kingdom, selects Visionng PLM suite by Fast React. Fast React provides software solutions for the fashion, apparel, footwear, and the textile industry, that range from specialist planning and tracking solutions to wider business applications. In order to provide firm foundations for continued growth in the key areas of product development and sourcing, the Gymshark team started the search

The PI (Product Innovation) Apparel World Series 2017-2018 brings together delegates from the global apparel and footwear industry to showcase and discuss new and disruptive technologies. The Berlin event, which took place from the 26th to 27th of October, focused on digital product creation, effective data management and smart innovation and was attended by over 200 international delegates from more than 80 companies and academia. Building trust in digital technologies 3D technologies

Around 20 years of Biotech (Bt) cotton cultivation shows that biotech crops have not hurt the environment and are not adversely affecting human health, said Dr. David Stelly at the 76th plenary meeting of International Cotton Advisory Committee (ICAC). Dr. Stelly, professor at Texas A&M University, is the ICAC Researcher of the Year 2017. The impacts of biotechnology on cotton area, production, yield and pesticide use were also discussed at the ICAC plenary meeting. Commercially, Bt co

The value of garments and footwear exported by Cambodia in the first nine months of the current year have crossed the $5 billion mark, as per the date released by the ministry of commerce. Apparel exports fetched $4.9 billion and accounted for 63 per cent of the total $7.7 billion exports made the by the southeast Asian nation in January-September 2017. In terms of percentage, however, footwear exports witnessed a sharp rise of 43.3 per cent and earned $636 million for Cambodia during the nin