Chinese light industries record strong growth in the first four months of 2025

2025/05/30 9:32:22 AM

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BEIJING, on May 30/ WAM/ Data issued by the Chinese National Council for Light Industries showed that the revenues of the major companies in the sector, which revenues the main annual business of each of 20 million yuan “about $ 2.78 million” at least, at least 7.35 trillion yuan “about 1.02 trillion US dollars” during the first four months of this year, an increase of 4.9 percent on an annual basis, while its profits amounted 419.1 billion yuan, an increase of 3.8 percent.

The People’s Daily newspaper quoted the council that the policy of replacing old consumer goods with a new one has effectively stimulated the growth of the economy of light industries, as the data showed that during the period from January to April, more than 34 million consumers participated in replacing old home appliances with a new one, and the added value of the home appliances industry increased by 8.2 percent compared to the similar period last year, and sales increased Retailing furniture products by 20.2 percent year on an annual basis.

The data added that the value of exports of light industries products amounted to 293.43 billion US dollars during the aforementioned period, an increase of 0.8 percent on an annual basis, from which the value of exports of home appliances amounted Food is 12.97 billion US dollars, an increase of 8.2 percent.