China's paper-making industry logs higher revenue, profits

0 Comment(s)Print E-mail Xinhua, June 13, 2021
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China's paper-making industry reported expanding revenue and profits in the first four months of the year, according to the Ministry of Industry and Information Technology (MIIT).

The sector saw 464.43 billion yuan (about US$72.61 billion) in revenue from January to April, up 30.6% from the same period in the previous year.

Meanwhile, the profits of China's paper-making industry surged 91.5% year on year to 33.61 billion yuan.

MIIT data also showed that paper output gained 22.5% year on year to reach 43.92 million tonnes in the January-April period.

In April alone, paper output stood at 11.36 million tonnes, up 6.2% year on year.

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