the retail sales of 10 categories of light industry products reached 1,596.4 billion yuan, a year-on-year increase of 34.2%
The China Light Industry Federation yesterday (29) released the economic operation of China's light industry in the first quarter. On the whole, the economy of the light industry showed a momentum of rapid growth, and achieved a steady start in the first quarter.
In the first quarter, the growth rate of the added value of the light industry reached 25.5%, which was 1 percentage point higher than the growth rate of China's industrial added value in the same period. Among them, the added value of battery, bicycle, household appliances, hardware, plastic products and other industries grew by more than 30% in the first quarter.
From the perspective of market recovery, the market of light industrial consumer goods continues to maintain a steady recovery trend. In the first quarter, the retail sales of 10 categories of light industry goods reached 1,596.4 billion yuan, up by 34.2% year-on-year, 0.6 percentage points higher than the growth rate of total retail sales of consumer goods. Among them, the retail sales of basic living goods and consumer upgrading goods continued to maintain rapid growth. In terms of export, the export volume of eight key commodities in light industry in the first quarter increased by 62.9% year-on-year, 13.9 percentage points higher than China's export growth rate. Among them, the export of household appliances and plastic products continued to remain strong, with cumulative exports exceeding US $20 billion.
From the perspective of profitability, in the first quarter, 110,700 enterprises above designated size in light industry achieved a cumulative operating income of 4,906.73 billion yuan, an increase of 33.6%; The profit reached 316.86 billion yuan, an increase of 60.2%.