Published: 12:43, March 19, 2023 | Updated: 12:59, March 19, 2023
China's light industry registers steady expansion in 2022
By Xinhua

In this undated photo, a worker inspects yarn at a textile factory in Qutang town, Haian city, Jiangsu province, which provides jobs for locals. (ZHAI HUIYONG / FOR CHINA DAILY)

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), 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 solar cells soaring nearly 50 percent.

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The export of light industry products also rose 4.2 percent year-on-year to 953.54 billion dollars last year, accounting for 26.5 percent of the country's total exports.