China's light industry saw its output grow slower in the first five months as sluggish demands both at home and abroad weighed down production. The output of major light industry enterprises totaled 6.69 trillion yuan (1.06 billion US dollars) in the Jan.-May period, an increase of 18.4% from a year earlier, China's (Xinhua) news agency reported citing data with National Development and Reform Commission (NDRC), the nation's top economic planner. But the rise was down 1.6% and 11.3%, respectively, from those recorded in Jan.-April period and the same period last year. The NDRC said the increase was supported by vigorous growth in farm and sideline products processing, food manufacturing, brewing and soft-drinks manufacturing, which amounted to 44.6% of the sector's output. In May, light industry output rose 15.7% year-on-year to 1.48 trillion yuan, 1.2% lower than growth in April. (QNA)
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor