Home / Business / Textile Tools: Save | Print | E-mail | Most Read | Comment
Jan-July growth in China textile output shrinks to single digit
Adjust font size:

The rate of growth in the output of major textile enterprises slowed sharply, to single-digit levels in some cases, in the first seven months of 2008, the China National Textile and Apparel Council said on Monday.

The council said the deceleration reflected slowing textile exports and a cooling global economy.

From January to July, chemical fiber production rose 4.76 percent from a year earlier, but that was 13.23 percentage points less than the growth rate during the same seven-month period last year, the lowest growth rate since March 2006.

Yarn production grew 10.78 percent during the period, but that was 9.41 percentage points less than a year earlier.

The output growth of the cloth and garment sectors fell 7.45 and 7.92 percentage points, respectively, from year-earlier rates of 13.9 percent and 14.1 percent.

(Xinhua News Agency August 25, 2008)

Tools: Save | Print | E-mail | Most Read
Pet Name
China Archives
Related >>
- Cotton imports slide on slackening textile exports
- Textile makers ask for curbs on the yuan and tax rebates
- Textile, garment export drops 11% in H1
- Textile export growth drops significantly
Most Viewed >>
- CREA denies housing boost report
- Auto China 2008 staged in Beijing
- China's ICBC world's most profitable bank
- Sinopec 1H net profit drops 73.4%
- China prefers a two-way fluctuation in yuan appreciation
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?