Latest News:  


China's light industry output sees steady growth


15:46, June 21, 2013

BEIJING, June 21 (Xinhua) -- The total output of major companies in China's light industry hit 18 trillion yuan (2.9 trillion U.S. dollars) in 2012, showing improved overall competitiveness, official data revealed Friday.

The profits of major companies in the light industry in 2012 climbed 19.58 percent from a year earlier, 14.28 percentage points higher than the national industrial profit rise, according to a report released by the China National Light Industry Council (CNLIC) and China National Light Industry Information Center (CNLIIC).

The total export volume of major products in the light industry hit 507.51 billion U.S. dollars in 2012, accounting for 24.8 percent of the total national export volume, the report showed.

The accumulated trade surplus of major export products in the light industry stood at 388.8 billion U.S. dollars in 2012, 157.7 billion U.S. dollars above the national trade surplus volume.

Bu Zhengfa, president of CNLIC, attributed the steady growth to the effectiveness of industrial upgrading, but warned that the sector still faces challenges such as high financing costs and limited space for market development.

The CNLIC also released a list of China's 100 most profitable companies in the light industry in 2012, with the top ten mainly in the sectors of home appliances, beverages, brewing and paper production.

We Recommend:

Fortune Global Forum's guests visits panda

China calls for dialogue after EU solar panel duties

China-South Asia Expo opens in SW China

Huawei launches flagship smartphone Ascend Mate

3D printing gallery opens in Chongqing, SW China

White collars setting up stalls become popular

B787 Dreamliner misses maiden voyage in China

Computex Taipei 2013 exhibition kicks off

12 Asian business women: Intelligent and beautiful

Email|Print|Comments(Editor:ChenLidan、Gao Yinan)

Leave your comment0 comments

  1. Name


Selections for you

  1. Training for key operators of new UAV concludes

  2. Panamanian,Colombian army joint to fight drugs

  3. Refugees at UNHCR registration center

  4. Five hurt in stampede when Beckham arrives in Shanghai

  5. Searing heat wave sweeping China

  6. A ‘post-90s mom' and her 11 kids with autism

  7. Wedding dream shines on graduation day

  8. Zero-energy house built by students

  9. Top 10 luxury villas of China in 2013

  10. Tibetan carpet exposition kicks off

Most Popular


  1. Obama's deeds more important than his words
  2. Social media lures us to throw away privacy barriers
  3. What has the Prism program taught us?
  4. China to sustain prudent monetary policy
  5. SG sees strong China growth momentum
  6. Does China need to consume more?
  7. Chinese audience expects good stories
  8. Moody's warns on China's local government debt
  9. Political solution the only way out for Syria crisis
  10. GM influx a dilemma for consumers, farmers

What’s happening in China

Rehab helps prepare for life after addiction

  1. Chinese billionaire buys 007 UK yacht maker
  2. Boy, 5, dies after hours alone in bus
  3. Civil discourse lacking in raucous social media
  4. New driver kills herself and husband while parking
  5. Thunderstorm strands 14,000 in Chengdu airport