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Growth rate of textile industry up by 10% in July

Growth rate of textile industry up by 10% in July

Write: Moritz [2011-05-20]

In July, value-added of the industrial enterprises above designated size (all state-owned enterprises and non-state-owned enterprises with an annual income over 5 million yuan) expanded 14.7 percent, year-on-year, while that dropped 3.3 percentage points over the same period of previous year.
In terms of main sectors, the growth rate of textile industry increased 10.0 percent, that of raw chemical materials and chemical products expanded 15.5 percent, respectively.
In terms of main products, crude oil reached 16.17 million tons, up by 5.0 percent respectively, year-on-year.
The sales ratio of industrial products was 98.10 percent, down 0.23 percentage points with the same period of last year. The export delivery value of industrial enterprises reached 697.7 billion yuan, a year-on-year increase of 14.4 percent.
From January to July, value-added of the industrial enterprises above designated size expanded 16.1 percent, year-on-year.

source: fibre2fashion.com