Light Industry: Textile expects 6% growth
(Xinhua)
Updated: 2006-06-29 15:49
China's textile industry output value is expected to reach six trillion yuan
(750 billion U.S. dollars) by 2010, according to the industry's development
program for the next five years.
Under the program, published on
Wednesday by the National Development and Reform Commission (NDRC), the textile
industry's fibre processing volume should grow on average six percent annually
to reach 36 million tons by the year 2010.
Sales are expected to rise an
average 12.7 percent annually to hit six trillion yuan, while garment exports
should hit 18 million U.S. dollars.
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