Light industry continues to recover and improve

  China Light Industry Federation announced the economic operation data of China's light industry in May before the 7th: From January to May, the light industry accumulated operating income of 6.83 trillion yuan and realized profit of 414.557 billion yuan. The industry operating profit margin was 6.07%, which was higher than the previous four Monthly increase of 0.23 percentage points, higher than the national industry of 1.07 percentage points.

  "Affected by the epidemic, the light industry is under pressure to grow, and the overall economic operation has continued to recover and improve since March, showing a positive and positive change." Zhang Chonghe, chairman of the China Light Industry Federation said.

  In the first five months, the main indicators reflecting the operation of the light industry have all stabilized and rebounded.

  Production continues to pick up. From January to May, the decline in the value added of the light industry was narrowed by 2 percentage points from the previous April. In May, production in the main light industry continued to stabilize and rebound. Among them, the added value of industries such as bicycles, food, daily chemical, plastics, light industry machinery and other industries are all increasing positively. Among the 92 light industrial products counted by the National Bureau of Statistics, 46 varieties have increased in output, with a growth rate of 50%.

  Profits have improved significantly. From January to May, there were 106,600 enterprises above designated size in the light industry, with a profit of 414.557 billion yuan, a decrease of 4.78 percentage points from the previous April. In the light industry, the profits of agricultural and sideline foods, bicycles, plastic products, and papermaking industries have grown faster, with a year-on-year growth of more than 10%.

  Affected by the epidemic, my country's development is facing risks and challenges. Why can the light industry pick up?

  "On the one hand, thanks to the continuous improvement of the consumer market, in May, the retail sales of eight kinds of light industrial products increased year-on-year, and the retail growth rate of the home appliance and home furnishing industries changed from negative to positive, with an increase of 4.3% and 3%, respectively. To protect the retail sales of household necessities Continued rapid growth, with retail sales growth of grains, oils, foods, beverages, and daily necessities all exceeding 10%." Zhang Chonghe analyzed, on the other hand, it is inseparable from continuous improvement of policy measures by supporting online trade fairs and recommending enterprises Participate in e-commerce festivals and other initiatives to help companies expand product sales and expand markets.

  Our reporter Han Xin