China’s clock output down 0.1 pct on year in 2014

Stockholm, June 5(Greenpost)– China produced 145.02 million clocks in 2014, down 0.1 percent year on year, according to the Ministry of Industry and Information Technology.

The output of watches declined 3.5 percent year on year to 182.54 million units.

In December, China’s clock output and watch output reached 12.4 million units and 21.28 million units, down 19 percent and 17.6 percent year on year, respectively.

In 2014, China’s clock and watch manufacturing witnessed a year-on-year 10.7 percent increase in value of export delivery, and its accumulated sales-output ratio was 98.6 percent.

China’s large-scale clock and watch manufacturing enterprises, each with more than 20 million yuan of annual business revenue, saw a year-on-year rise of 8.7 percent in main operating turnover. Their total profit and paid taxes grew 25.7 percent and 3.5 percent year on year, respectively. Enditem

Source Xinhua

Editor  Xuefei Chen Axelsson