Exports stabilize and improve, achieving rapid growth in the quarter
In the first quarter of 2017, driven by the slow recovery of the global economy and the steady improvement of the domestic economy, textile and apparel exports gradually stabilized and showed a growth trend. According to data released by the General Administration of Customs, in RMB terms, the cumulative exports of textiles and clothing in the first quarter were 378.58 billion yuan, achieving a rapid growth of 6.7%, of which textile exports were 160.38 billion yuan, an increase of 7.5%, and clothing exports were 218.2 billion yuan, an increase of 6.2%. . In March, textile and clothing exports were 137.36 billion yuan, an increase of 24.9%, of which textile exports were 62.43 billion yuan, an increase of 20.7%, and clothing exports were 74.93 billion yuan, an increase of 28.6%. In terms of US dollars, the cumulative exports of textiles and clothing in the first quarter were US$54.88 billion, an increase of 0.4%, of which textile exports were US$23.26 billion, an increase of 1.2%, and clothing exports were US$31.62 billion, a decrease of 0.1%. Textile and apparel exports in March were US$20.02 billion, an increase of 18.8%, of which textile exports were US$9.1 billion, an increase of 14.9%, and clothing exports were US$10.92 billion, an increase of 22.3%.
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