vehicle inventory alert index
China's vehicle inventory alert index, which reflects the inventory pressure on automobile dealers, rose 0.9 percentage points month-on-month in April, industrial data showed.
More efforts are needed for China to have a far greater say in the cotton textile industry and participate more in setting prices and formulating standards, experts said.
Domestic clothing firms
China's textile and apparel companies are set to embrace new growth opportunities as domestic consumers increasingly favor homegrown brands, said industry experts.