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China's Garment Industry Posts Revenue Growth

2022/4/20

China's garment industry registered a growth in operating revenue in the first two months of this year, official data showed.


From January to February, the country's 13,042 major apparel companies raked in a total of CNY 203.7 billion (about US$ 32 billion), up 12.2 percent year on year, according to the Ministry of Industry and Information Technology.


The total profits of these companies rose 5 percent year on year to CNY 8.8 billion, with the combined output expanding 1.4 percent year on year to 4.14 billion pieces. In the January-February period, the country's exports of garments and accessories increased 6.1 percent to US$ 25.5 billion, data from the ministry showed.


Source: Xinhua


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