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

login CCFGroup App

Economy | Time: Sep 13 2021 11:06AM
China's chemical fiber industry sees surge in profit in Jan-Jul
Text size

BEIJING,  (Xinhua) -- China's chemical fiber industry recorded a surge in its profit in the first seven months of 2021, according to official data.

From January to July, the total profit of major chemical fiber companies in China was 38.24 billion yuan (about 5.92 billion U.S. dollars), up 384.5 percent year on year, data from the Ministry of Industry and Information Technology showed.

The combined operating revenue of these companies increased by 36.6 percent from a year earlier to 568.9 billion yuan, according to data.

Data also showed that the country's output of the chemical fiber reached 39.34 million tonnes, up 16.3 percent year on year. Enditem

Related Articles
China shows greater appeal to foreign investment than US: Economist
China's economic recovery softens in August: NBS
China's garment industry reports higher profit in Jan-Jul
China to release national crude oil reserves
China's August CPI up 0.8%, PPI up 9.5%
China's GDP expected to be 8.2% this year: Report
PMI low, but biz mood upbeat
Significance of trade in services grows rapidly
Beijing's retail sales see robust growth in Jan-July
China-US container shipping rates hit new record high
PTA market still in overcapacity ?
How to treat the game of each link in the viscose industry?
Performance of textile and apparel at home and abroad in H1 ...
2021/22 global cotton production likely to reduce, and ...
H1 2021 MEG market review and H2 outlook
PX/PTA market H1 2021 review and H2 outlook