Concerned Data: In November, The Added Value Of Textile Industry Above Designated Size Decreased By 3.5% Year On Year

In November, the added value of industries above Designated Size in China increased by 3.8% on a year-on-year basis (the growth rate of the following added value is the actual growth rate excluding price factors), which is 11.1% higher than that of the same period in 2019, with an average growth rate of 5.4% in two years.

In terms of categories, the manufacturing industry grew by 2.9% year-on-year in November. In terms of industries, in November, 29 of the 41 major industries maintained year-on-year growth in added value. Among them, the textile industry decreased by 3.5%, and the chemical raw materials and chemical products manufacturing industry decreased by 0.9%. In terms of economic types, the added value of state-owned holding enterprises increased by 3.6% year-on-year in November; Joint stock enterprises increased by 4.5%, and enterprises invested by foreign investors, Hong Kong, Macao and Taiwan increased by 1.9%; Private enterprises increased by 3.9%. In November, the product sales rate of industrial enterprises was 97.0%, a year-on-year decrease of 1.4 percentage points; Industrial enterprises achieved export delivery value of 1385.5 billion yuan, a nominal increase of 12.6% year on year.

(source: China Textile News)