Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Industry

China's garment industry logs stable revenue growth in H1

August 10, 2022


Abstract : China's garment industry reported stable increases in revenue and profits in the first half of the year, official data showed Tuesday.

Yang Mei (R) introduces cloth to a customer at her garment factory in Kaili, southwest China's Guizhou Province, Jan. 30, 2022.(Xinhua/Yang Wenbin)

BEIJING, Aug. 9 (Xinhua) -- China's garment industry reported stable increases in revenue and profits in the first half of the year, official data showed Tuesday.

In the first six months, the combined revenue of some 13,000 main garment enterprises gained 4.5 percent year on year to 688.5 billion yuan (about 102 billion U.S. dollars), according to the Ministry of Industry and Information Technology.

Total profits of those companies stood at 30.7 billion yuan in the January-June period, up 4 percent from a year ago. The proportion of loss-making enterprises in the sector went down 0.9 percentage points to 27 percent.

Meanwhile, their combined output edged down 1.5 percent year on year to 11.3 billion pieces. The exports of garments and accessories rose 12 percent to 80.2 billion U.S. dollars.

Scan the QR code and push it to your mobile phone

Keyword: garment industry

Reading:

In pics: 2022 World 5G Convention in Harbin, NE China

N.China's Lingqiu County takes organic agriculture as effective way to promote rural development

China's weekly road logistics price index edges up

China intensifies crackdown on cryptocurrency hype, speculation

Beijing Central Axis to compete for world cultural heritage status

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial