China’s textile and apparel (T&A) exports grew by 14.3 per cent to 45.1 billion yuan during the first two months of this year.

According to official data, total profits of China’s major textile enterprises rose to 18.2 billion yuan (~$2.56 billion) during this period.

The combined operating revenue of these firms expanded by 13.7 per cent to 675 billion yuan (~$95 billion) from a year ago, according to the Ministry of Industry and Information Technology.

Industrial output of major textile companies increased by 7.7 per cent Y-o-Y, reports a state-controlled media outlet.