xi's moments
Home | Industries

China's garment industry logs revenue, profit growth in Jan-Aug

Xinhua | Updated: 2022-10-08 09:53

A staff member works on a production line at a textile company in Qutang of Nantong, East China's Jiangsu province. [Photo/Xinhua]

BEIJING -- China's garment industry registered steady expansion in terms of revenue, profits and exports in the first eight months of this year, data from the Ministry of Industry and Information Technology shows.

The combined operating revenue of the country's 13,117 major apparel enterprises reached 950.4 billion yuan ($133.86 billion) in the period, up 3.7 percent year-on-year, according to the ministry.

These companies raked in total profits of 43.6 billion yuan in the January-August period, up 3.4 percent over one year ago.

During the same period, garment exports of the sector surged 17 percent year-on-year to $104.4 billion, the data shows.

Global Edition
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349