According to the data released by the National Bureau of Statistics, from January to March, the profit of China’s industrial enterprises above designated size totaled CNY 1.29 trillion, down 3.3% year-on-year, 10.7 percentage points lower than the growth rate of the first two months of 2019. The profit of manufacturing industry totaled CNY 1.05 trillion, declined by 4.2% year-on-year. And the total profits of China’s textile industry above designated size up 3.6% in January – March.

Source: CHINA TEXTILE LEADER Express