The China Light Industry Federation recently released data showing that in 2024, light industrial enterprises above designated size achieved a revenue of 23 trillion yuan, a year-on-year increase of 2.0%. Achieve a profit of 1.5 trillion yuan, a year-on-year increase of 8.3%. Under the promotion of incremental policies such as the trade in of consumer goods, the operation of the light industry economy has made steady progress, providing strong support for the stable growth of the industrial economy. In 2024, the added value of light industry above designated size increased by 5.1% year-on-year. Among the 91 major light industry products counted by the National Bureau of Statistics, the output of 55 products achieved growth. Thanks to policies such as the trade in policy for consumer goods, the production of household washing machines, refrigerators, and other products has achieved rapid growth. In 2024, the operating revenue profit margin of light industry was 6.54%, an increase of 0.38 percentage points from the previous year, and the profitability level continued to improve. Some light industry sectors have experienced rapid profit growth, while industries such as sewing machinery, toys, batteries, bicycles, and household appliances have maintained double-digit profit growth. With a series of policies to expand domestic demand and promote consumption becoming effective, domestic consumer demand continues to be released, and market vitality is gradually increasing. In 2024, the retail sales of 11 categories of light industry goods reached 7927.5 billion yuan, a year-on-year increase of 5.0%, which is 1.5 percentage points higher than the growth rate of the total retail sales of consumer goods. In 2024, the total export of the light industry reached 925.36 billion US dollars, a year-on-year increase of 3.6%, and maintained a rebound trend for three consecutive months. (New Society)