Growth Rate Shows Slowdown in Leather Shoes Making Sector

From January to November last year the industry achieved 256.38 billion yuan of the total industrial output value and increased 22.6% over the same period of last year, 4.4% below in the growth rate. The total profits value increased 31% to 11.25 billion yuan, 8.5% slowdown in growth rate. The ratio of sales was 4.6%, 0.4% higher than the same period previous year. In terms of output the industry produced 3.03 pairs of leather shoes, and with a growth of 3.7% and 10.3% slowdown in growth rate.