Chinese light industry profits rise, margin squeezed

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Profits in Chinese light industry rose 11.19 percent year on year in the first half of 2014, according to information disclosed in a news release on light industry branding. Between January and June, the main business revenue of players in China's light industry totalled 10.21 trillion yuan (1.65 trillion U.S. dollars), up 10.17 percent from a year earlier. As a whole, profit margin in the sector was lower than that seen in 2012 and 2013, as slowing demand, higher labor costs and rising trade protectionism combined to weigh on the sector's growth. Wang Tongsan, an economist with the Chinese Academy of Social Sciences, a government think-tank, urged enterprises to put more focus on branding to arrest the slowdown. Tags: Rapid Prototyping, Rapid Prototyping China, Plastic Tooling, Plastic Tooling China, Rapid Prototype, Rapid Prototype China, Rapid Tooling, Rapid Tooling China, CNC Prototype, CNC Prototype China, Functional Prototype, Functional Prototype China, Metal Prototype, Metal Prototype China, Plastic Prototype, Plastic Prototype China, Rapid Manufacturing, Rapid Manufacturing China, Low volume production, Stereolithography, Stereolithography China, Vacuum Casting, Vacuum Casting China, whatsapp marketing, wechat marketing, seo, e marketing, �W��OӋ�ṩseo, e marketing, web design by zoapcon