Home / Knowledge / News / Textiles / Manufacture of chemical fibers decline
Manufacture of chemical fibers decline
Jun '08
From January to May, the industrial enterprises above designated size (all state-owned enterprises and non-state-owned enterprises with an annual sales over 5 million yuan, same as follow) reached 1094.4 billion yuan, rose by 20.9 percent over the same period of the previous year.

Among the industrial enterprises that above designated size, the profits made by state-owned and state-controlled enterprises achieved 424.6 billion yuan, increased 1.5 percent year-on-year; that of collective-owned enterprises was 28.3 billion yuan, up by 35.3 percent; that of Joint-stock cooperative enterprises reached 6.3 billion yuan, jumping 16.6 percent; that of share-holding enterprises gained 601.0 billion yuan, up by 24.1 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 311.9 billion yuan, increased 22.4 percent; and that of private enterprises reached 210.5 billion yuan, rose by 51.0 percent.

Within 39 branches of industry, the profits of extraction of petroleum up by 54.3 percent, that of chemical industry and manufacture of special purpose machinery industry grew by 26.0 and 25.9 percent respectively, year-on-year. While the profits of manufacture of chemical fibers declined 26.8 percent respectively, processing of petroleum industry turned to get net loss of 44.3 billion yuan from profits gains of 35.2 billion yuan from of last year.

The total volume of tax contributed by industrial enterprises above designated size was 788.9 billion yuan, a year-on-year increase of 26.4 percent.

The main income for industrial enterprises above designated size reached 18,376.8 billion yuan, increased 29.3 percent over the same period of the previous year.

By the end of May, the total volume of net receivable for industrial enterprises above designated size amounted to 4031.2 billion yuan, a year-on-year increase of 17.2 percent. The total value of finished products for industrial enterprises was 2008.3 billion yuan, rose by 26.1 percent.

National Bureau Of Statistics of China (NBS)

Must ReadView All

Textiles | On 7th Dec 2016

New Texprocil chairman bats for increased UPI adoption

Ujwal Lahoti, the new Cotton Textile Export Promotion Council...

RBI Governor Urjit Patel addressing a press conference. Courtesy: Youtube

Textiles | On 7th Dec 2016

Defying expectations, RBI keeps repo rate unchanged

Defying market expectations, the Monetary Policy Committee (MPC) of...

The new OJ 59/1 B. Courtesy: Karl Mayer

Textiles | On 7th Dec 2016

Karl Mayer unveils new LACE.EXPRESS model for apparel

Germany’s leading textile machinery firm, Karl Mayer, has launched a...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Sonam & Paras Modi

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search