Beijing, June 12 (Xinhua)-China’s paper industry reported revenue and profit growth in the first four months of the year, according to the Ministry of Industry and Information Technology (MIIT).
January-April sales of the sector were 464,430 million yuan (about US $ 72.61 billion), an increase of 30.6% over the same period last year.
Meanwhile, China’s paper industry profits increased 91.5% year-on-year to 33.61 billion yuan.
According to MIIT data, paper production increased by 22.5% year-on-year to reach 43.92 million tonnes between January and April.
In April alone, paper production was 11.36 million tonnes, an increase of 6.2% over the previous year.
China’s paper industry records higher income, profit
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