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November 5, 2012

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Steady rise in light industry output

CHINA'S light industry grew steadily in the first three quarters of 2012, with the output of major enterprises rising 17.6 percent annually to 12.93 trillion yuan (US$2.05 trillion), new data has shown.

In September, output in light industry rose 17 percent from a year earlier to 1.64 trillion yuan, up 1.8 percentage points from August, according to a statement posted on the website of the China National Light Industry Council. Investment in light industry slowed during the first eight months, because of shrinking export orders caused by the sluggish external demand.




 

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