According to the data released by the National Bureau of Statistics, the combined profit of major industrial enterprises went down 4.7% year-on-year in January-November.

From January to November, the main business income of textile enterprises above the designated size totaled 2.15 trillion yuan, increasing by 4.0% compared with the same period of the previous year; the profit of the textile industry totaled 69.18 billion yuan, with year-on-year growth of 4.6%. While the main business income of enterprises above the designated size in the garment and accessories industry reached 1.13 trillion yuan, up by 2.6% year-on-year, the profit of the garment and accessories industry reached 54.95 billion yuan, with a year-on-year growth of 3.9%.

As for the performance of leather, fur, feather, and their products and footwear industry, their main business income reached 775.22 billion yuan, increasing by 3.7% year-on-year; their profit totaled 41.06 billion yuan, growing by 4.7% year-on-year.

From January to November, the main business income of enterprises above designated size in the chemical fiber manufacturing industry was 1.05 trillion yuan, up by 5.8% year-on-year, and its profit totaled 26.58 billion yuan, surged by 33.6% year-on-year.

Source: CHINA TEXTILE LEADER Express