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Chinese light industry output jumps 17.6% in Jan-Sep  Join our daily free Newsletter

MENAFN - 06/11/2012

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(MENAFN) China National Light Industry Council announced that in the January-September period, production of the country's light industry jumped 17.6 percent on annual basis to USD2.05 trillion, reported Xinhua News.

Output in light industry in September grew 17 percent from 2011's same period, reaching USD260 billion, representing a rise of 1.8 percentage points from August.

In the month, production of ceramics and solar cells fell, as a result of the ongoing global economic uncertainties and anti-dumping investigations launched by the European Union (EU) into the two types of products.

Investment in the Chinese food manufacturing and processing industries stayed high, with the growth rate surpassing 30 percent in liquor, drink and tea sectors.

It is worth noting that in the January-August period, investment in light industry decelerated due to a fall in export orders resulting from weak external demand.

 






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