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Chinese textile output skyrockets between Jan-Nov
10
Jan '12
Output of the Chinese textile sector, comprising of large and medium sized units, leaped 27.5 percent year-on-year to 4.95 billion Yuan in the first eleven months of 2011.

These textile units individually posted annual revenues of above 20 million Yuan, said the National Development and Reform Commission.

In the same period, industrial added value of China's big-size textile enterprises rose 10.5 percent in the first eleven months of 2011. The growth rate was 0.6 percentage points faster than the first half.

China's yarn production registered 26.32 million tons in the period, up 12.4 percent year on year and cloth output stood at 56.8 billion meters, up 13.2 percent.

Chemical fiber production rose 14.9 percent to 30.74 million tons and apparel output grew by 8.5 percent year on year to 23 billion units.

Exports of textiles and clothing rose 21.2 percent to US $226.15 billion between January and November 2011, of which textile exports were $86.37 billion, up 23.9 percent, that of clothing stood at $139.78 billion, rising by 19.6 percent.

Between January and November 2011, sales of major retailers of garments, shoes and accessories grew to 700.5 billion Yuan, an increase of 23.9 percent from a year ago, according to the National Bureau of Statistics.

Fibre2fashion News Desk

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