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Chinese textile industrial added value up in Jan-April

31
May '12
In the period January to April 2012, industrial added value of Chinese textile industry increased by 12.6 percent year on year, but growth rate slowed down 0.5 percentage points compared to January-March.

This was revealed in a data released by the Chinese Ministry of Industry and Information. Domestic sales of textile industry rose 14.9 percent year on year, but the rate fell 1.6 percentage points compared to January-March.

Of which, total retail sales of garments, textiles and knitwear reached 309.2 billion Yuan, up 14.9 percent, a one percent rise from the first three months of 2012.

Export delivery value of textile industry grew 2.6 percent year on year, down 1.1 percentage points compared to January-March.

Fibre2fashion News Desk - China


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