Bureau reveals data on Chinese cotton spinners - sportstextiles: Lea SportsTextiles

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Bureau reveals data on Chinese cotton spinners

23/08/2010
China’s National Bureau of Statistics has said there are currently 11,773 “statistics-worthy” cotton spinning enterprises across the country.

The bureau went on to say that, in the period between January and May 2010, these companies turned over $65.7 billion, an increase of 29.2% compared to the same period in 2009. Their profits over the same five-month period increased by 75%, reaching just over $3 billion. It said this growth was down to an increase in domestic sales and market confidence.

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