“The council attributed the growth to an increase in domestic sales, a recovery in exports and low base figure recorded in the same period of last year .
“The gross output of the chemical fiber sector surged 49.21% year on year during the period, while that of the textile machinery sector soared 71.04% from the corresponding period of last year .
“However, the textile industry this year will face more pressure from rising labor and raw material costs and a possible appreciation of RMB, according to the council .
“In the first two months, China’s exports of textile and garments jumped 28.98% year on year to US$28.24 billion .
Date:4/3/2010
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