Value added of national textile industrial enterprises above designated size increases by 22.5pc in Q1 of 2021

May 08, 2021  |  by Zhao Xinhua


The total value added of industrial enterprises above the designated size grew by 24.5 percent year-on-year in the first quarter of 2021, or up by 2.01 percent quarter on quarter, with an average two-year growth of 6.8 percent. Of this total, the total value added of industrial enterprises above the designated size in March increased by 14.1 percent year-on-year, up by 0.60 percent month on month, according to the National Bureau of Statistics.

In March, value added of manufacturing rose 15.2 percent year-on-year. From January to March, the value added of manufacturing grew by 27.3 percent year-on-year.
 
By sector, 37 of the 41 major industries maintained year-on-year growth in value added in March. The value added of the textile industry increased by 7.5 percent year-on-year; in January-March, the value added of textile industry increased by 22.5 percent year-on-year.
 
By product, in March, 505 of 612 products saw year-on-year growth. In March, the cloth output was 3.4 billion meters, up 5.5 percent year-on-year; in January-March, the cloth output was 8.3 billion meters, up 12.5 percent year-on-year. In March, the output of chemical fiber was 5.97 million tons, up 20.7 percent year-on-year; in January-March, the output of chemical fibers reached 15.8 million tons, up 27.1 percent year-on-year.
 
In March, the product sales rate of industrial enterprises was 96.5 percent, up 1.4 percentage points year-on-year; the export delivery value of industrial enterprises was 1,194.7 billion yuan, up 15.9 percent in nominal terms year-on-year.

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