China’s garment export surges 48.3% in Mar
China Knowledge Online, Singapore
Apr. 24, 2014 (China Knowledge) – The National Development and Reform Commission (NRDC) yesterday said that China’s garment export surged 48.3% to US$ 11.8 billion in March, sources reported.
According to the data published by NRDC, China’s yarn output in March hit 1.76 million tons, and cotton import was 213 thousand tons, up 12.4% and down 17.7% respectively from the same month last year.
China’s textile garment export in the first quarter went up by 19.4% to reach US$ 37.4 billion. Total export value of textile garment from last September to this March amounted to US$ 99.6 billion, up 18.7% from the last same period.
In March, the domestic cotton purchase and sales kept balance, ensuring a stable domestic cotton market, while the cotton price in the international market was continuously soaring, NRDC said.
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