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Industrial output value of big textile enterprises grows

22
Oct '09
In January to August, 2009, China's more than 52,203 large-scale textile enterprises realized an industrial output value of 2.37 trillion Yuan, an increase of 7.50 percent year on year, annual growth fell 8.13 percentage points from the same period last year, but up 4.87 percentage points from January to February.

Over the same time, production and market value increased 7.38 percent, down 8.62 percentage point's year on year, but up 4.25 percentage points compared with January to February.

Convergence of production and marketing was relatively stable, production and sales ratio maintained at 97 –98 percent since the beginning of 2009, with a slight concussion, as the rate stood at 97.43 percent in January to August.

Output growth of main products picked up significantly, of which, yarn rose 9.75 percent from January to August, for the first time exceeding growth rate of last year. Production growth of cloth and clothing rebounded to 1.10 percent and 3.98 percent, respectively.

Growth speed of chemical fiber production picked up significantly to 13.31 percent, an increase of 10.24 percentage
points over the same period last year.

Fibre2fashion News Desk - China


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