China's light industrial enterprises above a certain size increased their added value in January-May - Chinese report

According to the latest data released by the China Light Industry Federation, in the first five months of this year, the added value of light industries above a certain scale (annual main operating income of 20 million yen or more) increased by 7% compared to the same period last year.
The country's economic growth rate increased by 1.0%, while operating revenue reached 9.27 trillion former (approximately 185.7 trillion yen). Light industrial production has been developing steadily and has maintained a recovery trend since the fourth quarter of last year.
As a result of the expansion of domestic demand and the effect of policies to promote consumption, retail sales of 11 types of light industrial products during the same period increased by 11.9% to over 3.5 trillion former (approximately 70.1 trillion yen). The market size is steadily expanding.
In addition, the consumption potential of related products continued to be released. Retail sales of furniture increased by 21.4%, and retail sales of home appliances and audio-visual equipment increased by 30.2%, up 1
During the same period, the export situation of China's light industry enterprises was better than expected. Exports of light industry products amounted to 373.21 billion dollars (about 53.6 trillion yen),
This accounted for a quarter of the nation's total exports.