CHINA: China Devises A Solution For Silk Supply And Demand
The State Economic and Trade Commission and the Ministry of Agriculture in China have come up with a plan to balance supply and demand for silk. They have worked out that there should be 4-5,000 tons of silkworm cocoons for this year, producing 60,000 tons of silk. The plan is based on a forecast by the State Economic and Trade Commission and the Ministry of Agriculture. They forecast that the demand for both domestic and overseas markets is expected to rise this year and so is the production of silkworm cocoons and silk.
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