Initiative has yielded positive results since it was first proposed in 2013 It is a misinterpretation to regard the country's Belt and Road Initiative as China's geostrategic tool, as the initiative is aimed at pursuing shared benefits for all parties involved, a spokesman said at a National People's Congress news conference on Sunday. "The Belt and Road Initiative is a proposal for economic cooperation, it focuses on interconnectivity and aims to achieve mutually beneficial outcomes," sai

Polymer Solutions Group, a leading developer of specialty polymers and additives headquartered in the US, has announced that the company has acquired the assets of Phoenix Chemical Company, Inc., a specialty chemical manufacturer and distributor focused on the carpet, textile, water treatment, and household, industrial, and institutional chemicals markets. Phoenix Chemical brings to PSG significant market expansion, technical, and manufacturing capabilities, and enhanced logistics that compl

Scientists from Zhejiang University have developed a cloak that makes a bunny almost invisible to infrared cameras, thanks to fibres that mimic the structure of polar bear hairs. The hairs of a polar bear have a hollow core, which reflects back IR emissions from the body. This structure helps prevent heat loss and keeps the bears warm in Arctic environments. But the hairs have an added advantage: They can conceal the bears from thermal imaging cameras used in many night-vision devices. Texti

UBM Fashion, a leader in fashion tradeshows, will host the third edition of MAGIC Japan, the premier trade event that connects contemporary apparel, footwear, and accessory brands, as well as sourcing suppliers, to the leading retail buyers in around the globe. The show will be held from April 25 to 27, 2018, at the Tokyo Big Sight Convention Centre, Japan. MAGIC Japan will be co-located with UBM produced Licensing Expo Japan, which is the most-attended international licensing event in japan

A US yarn manufacturer is hoping to ‘push the envelope’ in the burgeoning smart textiles category. Volt Smart Yarns, officially unveiled last September by Hickory, the North Carolina-based Supreme Corporation, drew accolades that same month when the Industrial Fabrics Association International (IFAI) bestowed its Show Stopper award on the new product in the Fabrics, Fibers & Films category. Supreme will observe its 54th anniversary in July. The company, which specialises in covering yarns

The ratio of female workers to male in the country’s readymade garments sector has decreased as the number of new entry of female workers was lagging behind their male counterpart because of automation, according to a survey conducted by the Centre for Policy Dialogue, which was released on Saturday. The ratio of female workers to their male workers now stood at 60.80 per cent against 65 per cent (as per a study conducted in 2015) as the introduction of new technologies and machineries squeez

China's economy will grow by over 6.5 percent this year and next with deleveraging and risk prevention as priorities of macro-economic policy, a report has said. Released at a meeting co-hosted by the Xinhua-run Economic Information Daily and Xiamen University, the report said steady and slower growth will continue in 2018 and 2019. With an annual average growth of 6.3 percent from 2018 to 2020, China will double GDP from the 2010 level, said Zhang Ping, deputy director of the National Ins

China does not intend to become embroiled in a trade war with United States, and the two sides have agreed to continue communicating on trade issues in the near future, which in turn will create conditions for further cooperation, senior Chinese officials said on Sunday. The comments were made as the recently announced intention of the US to impose tariffs has heightened global concerns over potential trade confrontations, particularly those between the world's two largest economies. Altho

The arrival of cotton bales at ginning factories has registered 7.63 per cent increase till February 28, 2018 as compared to the corresponding period last year, disclosed a fortnightly cotton arrival report released by Pakistan Cotton Ginners' Association (PCGA) here on Saturday. The report further revealed that over 11.524 million bales of cotton arrived in 2017-18 season at various ginneries in Pakistan, as on February 28, 2018, compared to 10.707 million bales during the corresponding peri

National Assembly Speaker Sardar Ayaz Sadiq on Saturday assured the textile industry associations of help for resolving all issues relating to industry revival, particularly the energy price difference between Punjab and other provinces. While assuring the industry association of playing a role of facilitator and holding meeting with ministers concerned for arriving at a solution acceptable to the industry , speaker National Assembly said all the stakeholders will also be taken into confidenc