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China’s light industry profit up 7.57 pct in 2015

Updated: Jun 15,2016 5:30 PM     Xinhua

BEIJING — China’s light industry grew steadily in 2015, with the total profit of major enterprises rising 7.57 percent year on year to 1.49 trillion yuan ($225.75 billion), official data revealed on June 15.

Food manufacturing, plastic production and wine-making led the growth, with profits exceeding 180 billion, 130 billion and 100 billion yuan, respectively, according to an annual report released by the China National Light Industry Council.

The total export volume of major products in the light industry accounted for 26.3 percent of the total national export volume in 2015, slightly higher than 25 percent registered in 2014, the report showed.

Exports of leather goods and footwear made up 14.8 percent of the total, the lion’s share, according to the report, adding that wine, ceramic products and battery exports grew rapidly.