The total industry output of chemical fibres in China reached RMB 187.625 billion in the first five months of 2010, representing a 37.79% increase from the same period of the previous year, according to the latest figures of China’s National Bureau of Statistics (NBS). Profit margin of these enterprises rose 2.4 percentage points to 4.42%.

More figures are released by the NBS and the Chinese customs office on the Chinese chemical fibre sector (Jan-Jun, 2010, unless otherwise stated):

• Import: 365,900 tons, up 10.87% (Jan-May, 2010)

• Export: 792,000 tons, up 50.21% (Jan-May, 2010)

• Investment projects underway: 339

• New investment projects: 195

• Investment value: RMB 14.838 billion, up 29.25%, especially polyamide

• Production volume: 14,473,900 tons, up 13.43%