Association activities

29

2023-06

News | Beijing Wald obtained the qualification of high and new technology enterprise again

The qualification certification of high-tech enterprises is a special qualification certification carried out by the state to promote industrial restructuring and enhance economic competitiveness, guide enterprises to adjust their industrial structure, take the development path of independent innovation and continuous innovation, stimulate the enthusiasm of enterprises for independent innovation, improve the ability of scientific and technological innovation, and support the development of high-tech enterprises.

24

2023-04

Policy | MIIT to Cultivate 100 More Specialized Industrial Clusters for Small and Medium-sized Enterprises in China

On April 20, the State Council Information Office held a press conference to introduce the development of industry and informatization in the first quarter of 2023. This year, the Ministry of Industry and Information Technology (MIIT) plans to cultivate another 100 small and medium-sized enterprises (SMEs) characteristic industrial clusters nationwide, the conference said.

12

2023-04

India Sewing Machinery Import/Export Analysis 2022

India is the largest country in the South Asian subcontinent, radiating Southeast Asia, the Middle East and East Africa, with a favorable geographical location, an abundant young workforce and huge consumption potential. In recent years, India has accelerated infrastructure construction, promoted economic system reform, vigorously encouraged the private economy, and significantly improved the business environment. India's textile and garment industry has a long history and occupies an important position in its national economy. In order to promote the development of the textile industry, India has set up seven special economic zones for the textile industry across the country, and in recent years has put forward the MITRA initiative, which is expected to complete the entire textile and garment production process in industrial parks, reduce the cost of transportation and other intermediate processes, enhance competitiveness, and promote export earnings.

21

2023-03

Vietnam's manufacturing activity grows year-on-year, Sri Lanka, India's textile and apparel exports continue to decline

On March 1, data from the National Bureau of Statistics showed that in February, the purchasing managers' index (PMI) for the manufacturing industry was 52.6%, up 2.5 percentage points from the previous month, higher than the critical point, and the indexes for each category were higher than the previous month, and 18 out of 21 industries surveyed were located in the expansion zone, an increase of 7 over the previous month, and the manufacturing sector continued to expand in terms of prosperity.

17

2023-03

China's apparel exports in January-February were $21.68 billion, down 14.7% year-on-year

According to the General Administration of Customs the latest release of statistical flash data show that in January-February this year, China's textile and clothing exports of 40.84 billion U.S. dollars, down 18.5 % year-on-year (down 11.6% in RMB). Among them, textile exports of 19.16 billion U.S. dollars, a year-on-year decline of 22.4% (in terms of RMB down 15.9%); clothing exports of 21.68 billion U.S. dollars, a year-on-year decrease of 14.7% (in terms of RMB down 7.5%).

05

2023-01

25% year-on-year growth, Chinese sewing machines sell well in Latin America

Latin America, the Americas south of the United States, including Central America, the West Indies and South America, including Brazil, Chile, Argentina, Colombia, Mexico, Peru and other countries, with a total population of about 650 million people. Latin America is a vast area, rich in minerals, water, agriculture and other resources, most countries have a single economic structure, the industrial system is not perfect, sewing machinery and other specialized equipment is basically dependent on imports from Asia and Europe. 2022 Latin America's economic recovery has led to rapid growth in the market demand for sewing machinery products, and the Latin American market has surpassed Europe to become China's current second largest sewing machinery products sales market after Asia.

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