Year 2018 was a landmark in the history of global apparel manufacturing as China’s dominance declined due to rising labor costs, slower economy and the government’s desire to decrease exports and increase production for domestic consumption. However, China will continue to remain top supplier to the Read More

China's foreign trade is expected to register steady growth in the first quarter of 2019, with the growth of imports and exports accelerating earlier this month, the Ministry of Commerce (MOC) said Thursday.Customs data showed the country's goods trade surged 24.7 percent year on year in the first e Read More

Starting next month, China's massive reduction of value-added tax will take effect, with manufacturing sector VAT dropping by 3 percentage points from the current 16 percent, to lower burdens on enterprises and boost the real economy.Transport and other sectors will pay 9 percent in VAT, instead of Read More

The Department of Applied Chemistry and Chemical Engineering (DACCE) of Rajshahi University has developed a low-cost eco-friendly technology for textile industries of Bangladesh. The technology will play a positive role in significantly reducing environmental pollution by the textile industry. It ha Read More

The nation will roll out measures in 2019 to boost retail sales of consumer goods, as consumption is predicted to play a greater role in the economy.The country's consumption has continued its rapid ascent, and would remain the main driver of economic growth, the Ministry of Commerce said. It estima Read More

On the afternoon of March 24, Hengli Group Co.,Ltd. announced that the 20 million tons/year refining and chemical integration project has gone through the whole production process and successfully produced gasoline, diesel, aviation kerosene, PX and other products, and the production operation is st Read More