Interviews
Analysis of cotton industry in 2006
02 Feb '07
3 min read
Thirdly, private enterprises have become the main force in cotton product exports. The proportion of private enterprises gained from 24 percent in 2005 to 34.8 percent in 2006, contributing more than 65 percent to the export growth.
Finally, from the import and export data, cotton garment export unit price hiked by a big margin and cotton knitted garments indicated a surge in quantity.
President Zhu said that the production and sale rate of textile industry in 2006 picked up over 2005, reaching 98.2 percent.
She also said, in 1-11 months in 2006, China imported 3.4 million tons of cotton, with average price of $1335.24 per ton (60.56 cent per pound).
Based on different tariff rate from 1-5 percent, and three million tons of industrial consumption, cotton enterprises reduced production costs by about 3.8 billion yuan.
In January-November, by strengthening their internal management and technological progress, personnel labor productivity of textile enterprises reached 213,000 yuan, a year-on-year climb of 19.6 percent, adding 26.5 billion yuan by exploring efficiency.
Finally, from the import and export data, cotton garment export unit price hiked by a big margin and cotton knitted garments indicated a surge in quantity.
President Zhu said that the production and sale rate of textile industry in 2006 picked up over 2005, reaching 98.2 percent.
She also said, in 1-11 months in 2006, China imported 3.4 million tons of cotton, with average price of $1335.24 per ton (60.56 cent per pound).
Based on different tariff rate from 1-5 percent, and three million tons of industrial consumption, cotton enterprises reduced production costs by about 3.8 billion yuan.
In January-November, by strengthening their internal management and technological progress, personnel labor productivity of textile enterprises reached 213,000 yuan, a year-on-year climb of 19.6 percent, adding 26.5 billion yuan by exploring efficiency.
Fibre2fashion, News Desk - China
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