The collective operating revenue of China's textile companies with an annual operating revenue of 20 million yuan (about 3.15 million) or above increased by 13.5 per cent to reach 706.9 billion yuan, compared to the previous year, according to the Ministry of Industry and Information Technology (MIIT). The industry's added value recorded a 6.7 per cent year-on- year (YoY) growth in the same period.
Branschens samlade vinster minskade dock 1,8 procent på årsbasis till 24,8 miljarder yuan i januari-februari 2022.
The country's total textile exports in the two months increased by 11.9 per cent YoY to touch 24.7 billion, MIIT data showed.
