26 August 2021


The revenue and profits of China's paper industry has increased in the first half of the current year, according to a recent report of the Chinese Xinhua News Agency, citing on the Chinese Ministry of Industry and Information Technology.

The revenue of the industry from January to June of the current year amounted to 714.2 billion yuan (US$110.6 billion), up 24.7% from the same period last year, the ministry said. During this period, the profit of the paper industry reached 48.43 billion yuan, up 77.2% from a year earlier.


The ministry's data also showed that paper production rose 16% year on year to 67.42 million tons in the first six months. In June alone, the volume of paper production amounted to 11.9 million tons, which is 5.8% more compared to the same period last year.