Total national textile profits rose 40.4% in the first quarter

(Summary description)

The National Bureau of Statistics (NBS) recently announced that in March, the total profit of industrial enterprises above scale reached 1825. 38 billion yuan, a growth of 1.37 times (calculated on comparable caliber), up by 50. 2% from March 2019, and a two - year average growth of 22.6% . In March, among the industrial enterprises above scale, the state - owned holding enterprises reached RMB 6 16. 54 billion, up by 199 times; the joint - stock enterprises reached RMB 1279. 27 billion, increasing by 1. 29 times; the foreign and Hong Kong, Macao and Taiwan investors reached RMB 512. 81 billion, increasing by 161 times; the private enterprises achieved total profit of RMB 516. 33 billion, an increase of 91.9% .
In March, manufacturing profits totaled 1536. 63 billion yuan, up 1.58 times. In March, among 41 industrial industries, the total profits of 39 industries increased year on year, one industry turned a profit, and one industry reduced losses. Among them, the total profit of textile industry was 16. 88 billion yuan, up 40.4% year on year, textile industry 11, 43.3% ; leather, fur, feathers and its products and footwear industry RMB 11, 62 billion, 29.3% , and 13. 66 billion yuan, year on year increase of 596.9% .

In March, the total profit of industrial enterprises above designated scale was of 711. 18 billion yuan, a growth of 92. 3% year on year.

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