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China'S Textile Output Increased By 30% Over The First Half Of Last Year.

2011/7/28 10:56:00 24

China'S Textile Output Increased By 30% In The First Half Of This Year.

Although the Ministry of industry and information of China said that

cotton

The price is not stable, however, due to the increase in labor cost and interest increase, in the first half of 2011, China

Spin

Industrial output increased by 30% compared to the same period in 2010, reaching 370 billion 700 million US dollars.



The Ministry of industry information said that compared with the same period in 2010, the added value of industrial production increased by 9.9%, an increase of 2.3% compared with 2010.


The Ministry of industry and commerce also said that the same period, textiles

Exit

An increase of 28.8% to $45 billion 900 million, while the total profit in the first 5 months increased by 42.9% to $15 billion over 2010.


It is worth noting that international textile demand is expected to slow down due to regional political turmoil, the euro debt crisis and the huge fiscal deficit of the United States.

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