Home / Knowledge / News / 'Try to shorten period of decline in growth' - Experts
'Try to shorten period of decline in growth' - Experts
10
Dec '08
Judging from the current economic situation, China has never experienced such great external difficulties ever since the reform began and the economy was opened up in the last 30 years. Cai Zhizhou, researcher from Research Center of National Account of Peking University had this say, “it is even more noteworthy to note that that this crisis has not bottomed out but its influence continues to increase.”

In fact, all levels of the society from the common man to SMEs to big companies and the stock and real estate markets across all regions are feeling threatened under the heat generated by the recessionary trends prevailing in the global markets.

Deputy director of the National Bureau of Statistics Xu Xianchun said, considering the profound implications of the global financial turmoil on the world economy as well as a variety of factors leading to a continued decline of economic growth, China should try its best to avoid a significant drop in economic growth and try to shorten the period of declining growth.

He added by saying that , at this critical moment, China has launched a war against the financial crisis and when entering the year of 2009, the difficulties would not have been overcome, so China should do more detailed and consolidated analysis and develop strategies accordingly.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search