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 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained 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