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China : Growth rate of textile manufacturing expands 16.4% in April

China : Growth rate of textile manufacturing expands 16.4% in April

Write: Deacon [2011-05-20]
In April, the value-added of the industrial enterprises that above designated size (all state-owned enterprises and non-state-owned enterprises with an annual sales income over 5 million yuan) increased 17.4 percent year-on-year.
The sales ratio of industrial products was 98.4 percent, grew 0.4 percentage point over the same month of last year. Industrial enterprises achieved a total export delivery value of 571.6 billion yuan, a year-on-year rise of 19.5 percent.
In terms of main sectors, the growth rate of manufacture of textile, raw chemical materials and chemical products, non-metallic mineral products, smelting and pressing of ferrous metals expanded respectively 16.4, 20.3, 23.2 and 25.8 percent; that of manufacture of general purpose machinery, transportation equipment manufacturing industry, transport equipment, electrical machinery and equipment climbed 19.6, 22.8 and 18.7 percent; that of manufacture of communication equipment, computers and other electric equipment increased 13.7 percent; and that of production and supply of electric power and heat power rose by 15.1 percent.
From January to April, the accumulated value-added of industrial enterprises above designated size achieved a year-on-year rise of 18.0 percent.