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Industry

China's garment industry sees higher profit in Jan.-Aug.

October 25, 2021


Abstract : China's garment industry reported higher revenue and profit in the first eight months of 2021, official data showed.

Employees work on the production line of a garment enterprise in Cangzhou, north China's Hebei Province, Sept. 10, 2021. (Xinhua/Luo Xuefeng)

BEIJING, Oct. 23 (Xinhua) -- China's garment industry reported higher revenue and profit in the first eight months of 2021, official data showed.

From January to August, the combined operating revenue of 12,520 major garment companies reached 905.6 billion yuan (about 141.43 billion U.S. dollars), up 9.6 percent year on year, according to the Ministry of Industry and Information Technology.

Total profits of these companies rose 9.5 percent from a year earlier to 39.6 billion yuan in the period, while the combined output expanded 12.9 percent year on year to 15.2 billion pieces.

The country's exports of garments and accessories increased 28.1 percent year on year to 105.7 billion U.S. dollars. Enditem

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Keyword: garment industry

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