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Hubei Glass Industry went up against the tide

Post Time:Aug 17,2009Classify:Industry NewsView:319

Hubei glass industry went up against the tide, added value and output growth all surpassed the national average. The reported knew that Hubei glass industry had maintained 34% growth rate over the same period last year for 6 months.

In the first half of this year, the total output was 18,240,000 boxes, an increase of 40.59%. large scale enterprises added up 444 million yuan, an increase of 23.99%, much higher than the national average growth rate. During the whole half year, Hubei province has maintained an increase rate of 34%.

With the influence of financial crisis, since August last year, domestic housing market became weak, the exports of furniture was shrinking, the price and sales of glass fell straight down.. nearly 1/4 float glass production line announced stop producing.

Source: GlassInChinaAuthor: shangyi

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