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Production & sales of big textile firms rise
09
Sep '11
Big textile enterprises in China have seen a rise both in terms of production and sales during the first half of 2011, according to a report released by the China Textile Industry Association.

In the central region, while the value of industrial output surged 49.65 percent year-on-year, the value of sales rose by 49.12 percent year-on-year.

Likewise, in the western region, while industrial output value grew by 39.80 percent year-on-year, sales value jumped 38.79 percent year-on-year.

In eastern China, the value of industrial output saw an increase of 28.49 percent year-on-year, while the sales value climbed 28.57 percent year-on-year.

Although the growth rate of both production and sales was highest in the central region, the total quantity of production and sales was higher in the western and eastern regions.

During the January-June period, the value of goods sold by major Chinese textile enterprises was 97.59 percent of their output value, same as achieved during the corresponding period of last year.

Fibre2fashion News Desk - China

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