China's garment industry sees better performance
Source: Xinhua | 2020-11-16
China's garment industry has seen better performance amid the country's effective epidemic control measures and a rebound in global demand.
From January to September, the combined operating revenue of major garment enterprises declined 13.46 percent year on year to 948.15 billion yuan (about 143 billion U.S. dollars), data from the Ministry of Industry and Information Technology showed.
The contraction narrowed 0.9 percentage points from the decline in the first eight months.
The profits of these enterprises was down 22.93 percent from the same period last year, narrowing by 2.7 percentage points compared with the January-August period.
Busiunion
Busiunion