A woman works at a textile company in Nantong, east China’s Jiangsu Province, Feb. 24, 2023. (Photo by Xu Congjun/Xinhua)
BEIJING: China’s light industry logged steady growth in 2022, data from the National Development and Reform Commission shows.
Last year, the combined revenue of major enterprises in the sector stood at 24 trillion yuan (about 3.46 trillion U.S. dollars), up 5.4 percent year on year, according to the commission.
These companies raked in total profits of 1.53 trillion yuan, rising 8.2 percent from the previous year.
In the same period, the sector’s industrial added value climbed 2.4 percent from 2021. Industrial added value for the sub-sector of battery grew more than 10 percent year on year, with the output of…
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