Home / Knowledge / News / Textiles / Rise in assets of Chinese textile industry
Rise in assets of Chinese textile industry
12
Feb '13
The total assets with the Chinese textile industry galloped to 88.791 billion yuan, up 8.81 percent year-on-year, at the end of November 2012, according to statistics.
 
The rise in assets was due to a rise in income of Chinese textile enterprises.
 
The sales of Chinese textile industry totaled 100.376 billion yuan from January to November 2012, showing a year-on-year growth of 6.61 percent, according to data from the National Bureau of Statistics.
 
During the initial 11 months of 2012, the value of industrial sales made by the Chinese textile machinery industry grew at a year-on-year rate of 97.82 percent to 99.855 billion yuan.
 
The sales rate was 97.82 percent, i.e. 97.82 percent of the goods produced by the textile machinery industry were sold, up 0.39 percent year-on-year.
 
The finished but unsold products were worth 4.201 billion yuan, up 17.88 percent year-on-year.
 

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 23rd Mar 2017

UK's National Living Wage to be £7.50 from April 2017

The National Living Wage in the UK for workers aged 25 and above is...

Textiles | On 23rd Mar 2017

Trutzschler launches Toyota-Truetzschler comber machine

Trutzschler, one of the world's leading textile machinery...

Jeff Bezos (L) and Amancio Ortega. Courtesy: Forbes

Apparel/Garments | On 23rd Mar 2017

Amazon founder Jeff Bezos is world's 3rd richest man

The biggest gainer and the third richest man on the Forbes' 31st...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search