Export delivery value of textile enterprises leaps in Nov
30 Dec '09
1 min read
Export delivery value of big and major Chinese textile enterprises reached US $66.6 billion in November, up 7.8 percent year on year, realizing positive growth in second consecutive month, indicating a return to recovery.
As global demand remains in the doldrums, China's textile and garment exports have been hovering at the bottom, textile and garment exports fell by 11.4 percent from January to November.
Export growth has not significantly improved, but export delivery value of big and major textile enterprises has significantly picked up.
Export delivery value fell 8.4 percent in March, 7 percent in June, but returned to positive zone in October in growing by 0.1 percent. It achieved rapid growth in November to attain figures, not seen since May 2008.
Fibre2fashion News Desk
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