China's Cotton Spinning Sector maintains momentum in the first 5 months.
The Chinese cotton spinning sector performed well in the first five months this year, reaching a yarn production volume of 10,213,100 tons, up 17.41%, the latest figures of Chinaㄙs National Bureau of Statistics (NBS) and the Chinese customs office showed. The accumulative fabric production volume was 23.888 billion…
Egytex News Desk
Source: adsaleata.com
Total exports of cotton textile and apparel were valued at US$27.617 billion during the January-May period of 2010, up 16.49%. Among them, exports of cotton textiles reached US$8.452 billion ( 21.93%) whilst those of cotton apparel were US$19.164 billion ( 14.24%). In the meantime, China imported 3,547,000 tons of cotton yarns, or an increase of 38.18%.
A total amount of RMB27.6 billion was invested in the field of China's cotton spinning sector, up 11.14%. There were 753 new investment projects, about the same number of registered last year.
Source: adsaleata.com
From the Egytex news archive, first published on 12 August 2010. Figures and names are as reported at the time.
