Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Economy | Time: Sep 13 2021 11:05AM
China's garment industry reports higher profit in Jan-Jul
Text size

BEIJING, (Xinhua) -- China's garment industry reported higher revenue and profit in the first seven months of 2021, official data showed.

From January to July, the combined operating revenue of 12,510 major garment companies reached 779.9 billion yuan (about 120.8 billion U.S. dollars), up 11.04 percent year on year, according to the Ministry of Industry and Information Technology.

Total profits of these companies rose 9.81 percent from a year earlier to 33.2 billion yuan in the period, while the combined output expanded 15.78 percent year on year to 13.21 billion.

The country's exports of garments and accessories increased 32.9 percent year on year to 88.1 billion U.S. dollars. Enditem

Related Articles
Supply chains to back exports
Intensified policy support to maintain economic stability
China's foreign trade up 22 pct in first 11 months
China's central bank announces reserve requirement ratio cut
China's carbon trading market gets brisker as compliance
Means of production prices fall in China
China-Russia trade in goods hit record high in first 10 months
China's service trade up 12.7% in Jan-Oct
China expected to exceed economic target
China releases development plan for big data industry
Spunlace nonwovens industry chain under energy crisis
Driving factors analysis of Chinese cotton prices in ...
Post-holiday forecast for polyester value chain
Supply-demand pattern and forecast of spandex industry
2021/22 global cotton: impetus from supply side has not ...
MEG supply-demand faces changes, how will the market go?