China Encourages Textile Firms to innovate with Taxfree Component imports

China has removed import tariffs from components of two types of textile machines to encourage domestic textilefirms to develop machinery of their own.

Kazakhstan-China Pipeline Pours 4 Million Tons of Oil into China in 1st Year

China has imported 4 million tons of oil through the Kazakhstan-China pipeline in its first year of operation, customs officials said.