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Chinese textile exports topped $ 2 billion

Source: CTEI | Date: 2012-04-19

The industrial output value of large scale enterprises exceeded 100 billion yuan for the first time, exports to exceed $ 2,000,000,000 for the first time - China’s textile machinery industry opened a new chapter in the opening year of the 12th five-year development plan by such a set of data.

Chairman of the China Textile Machinery Industry Association, Wang Shutian specially emphasized that the industrial output value of textile machinery industry exceeded 100 billion yuan, signifies that China’s textile industry heading into the hundreds of billions of dollars era, which is a new stage of development.

According to the National Bureau of Statistics data show that, in 2011, China’s textile machinery industry, industrial output value was 107.367 billion yuan, an increase of 27.44% year-on-year; the profit was 7.143 billion yuan, an increase of 33.39% year-on-year; exports was $ 2.245 billion, an increase of 27.81% year-on-year.


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