Latest news with #ChinaNationalLightIndustryCouncil
Qatar Tribune
a day ago
- Business
- Qatar Tribune
China's light industry logs $1.56 trillion revenue in H1
QNA Beijing China's light industry kept growing in the first six months of 2025, continuing its momentum of recovery from late last year and registering steady progress in production in the six-month period, according to the latest official data released by China National Light Industry Council. From January to June, the value-added of large-scale light industry enterprises rose seven percent year on year, while their total business revenue reached 11.3 trillion yuan (about $1.56 trillion), reflecting steady progress in recovery. The policy-fueled consumer demand surged in the first half of the year, with the retail sales of 11 major light industry product categories exceeding 4.3 trillion yuan (about $590 billion), up 11.6 percent from the previous year. The light industry is rapidly shifting toward high-end and intelligent manufacturing. Digital research and development tools are now used by 86.2 percent of large-scale light industry enterprises, enabling a large scale production of high value-added products. Large light industry enterprises in China refer to companies with annual main business revenue of at least 20 million yuan. Industry experts attribute the sustained growth to supportive government policies, ongoing upgrades in manufacturing technology, and the expansion of export markets. With rising global demand for quality consumer goods, Chinese light industry manufacturers are enhancing brand competitiveness and diversifying product lines, positioning the sector for further gains in the second half of 2025.
Gulf Today
a day ago
- Business
- Gulf Today
China's light industry logs $1.57 trillion revenue in H1 2025
China's major light industry firms recorded 11.3 trillion yuan (US$1.57 trillion) in operating revenue in the first half of 2025, up 7 per cent year-on-year in value added, data from the China National Light Industry Council showed on Monday. According to Xinhua News Agency, the policy-fuelled consumer demand surged in the first half of the year, with the retail sales of 11 major light industry product categories exceeding 4.3 trillion yuan (about $590 billion), up 11.6 per cent from the previous year. WAM
