China reports rising export of textiles (Xinhua) Updated: 2005-05-08 08:56
China's textile export grew steadily in the first quarter of 2005, according
to the Ministry of Commerce.
The export value reached US$22.4 billion during the period, growing 19.1
percent year-on-year. The growth rate dropped 5.6 percent year-on-year.
The export of textile yarn, fabric and products grew 24.8 percent and that of
clothes grew 15.9 percent. The rate of growth for all products was lower than in
first quarter 2004.
Meanwhile, the export of electromechanical products rose by 34.4 percent to
US$85.4 billion, and that for high-tech products also grew by 32.3 percent to
US$43.7 billion in the first three months.
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