China : National Textile Output & Sales Income Grow over 20%
Source: fiber2fashion Date: 2006-11-10
The growth rate of the national textile industrial output value and sales income maintained to be over 20 percent in January-September, 2006, of which, scaled textile and garment enterprises realized sales income of 1725.8 billion yuan, with export shipment worth of 475.3 billion yuan, industrial increment at 465.3 billion yuan, industrial profit at 60.1 billion yuan, indicating an increase of 22.69 percent, 15.29 percent, 23.69 percent and 32.11 percent, respectively from the corresponding period in 2005.
Effective growth was especially notable. The profit-gaining rate of textile industry entranced the forefront of the national industries.
The highest growing rate occurred in cotton textile section, with profit rising 43.23 percent in Jan-Sept from the same period of last year.
Man-made fiber industry reversed the significant losing situation last year, and realized a return of 5.125 billion yuan, up 38.20 percent on a year-on-year basis.
