Data from the Ministry of Industry and Information Technology of China showed a stable expansion of the country’s garment industry in terms of revenue, profits, and exports during the first eight months of 2022.
The combined business revenue of 13,117 major companies in the sector in China reached 950 billion yuan (133.86 billion dollars) during the eight months, an increase of 3.7% compared to the same period in 2021. the past, according to what was reported today by the New China News Agency (Xinhua).
Garment exports during the period increased 17 percent year on year to 104 billion US dollars.