Chongqing Textile Industry Harvest a Satisfying 2008
Source: cntex Date: 2009-02-25
According to the report of Light and Textile Industry Economy Situation in 2008 from Chongqing Economy and Trade Committee, in the past year, Chongqing textile industry made a satisfying progress. There were 259 statistic-worthy textile and garment enterprises in Chongqing in 2008, who realized industry outturn 12.811 billion yuan, up 30.92% on the previous year. Their export valued 1.185 billion yuan, down by 10.69%; but profit 417 million yuan, up 51.33%.
2008 was a difficult year for the textile industry, but Chongqing enterprises still made some progress. There are four major reasons: 1. Located in the west China, Chongqing could enjoy many favorable policies to attract investment; 2. the development of new products; 3. the quick growth of local consumption; 4. the low cardinal number.
