Textile Industry's Fixed-asset Investment up 11.9% in the first half of the year
The data recently released by the National Bureau of Statistics show that China’s fixed-asset investment (excluding farmers) totaled CNY 27.14 trillion in H1, up by 6.1% year-on-year. Among them, the fixed-asset investment in the textile industry increased by 11.9% year-on-year; while that in the chemical raw materials and chemical products manufacturing industry grew by 15.1% year-on-year. And the growth rate of China’s fixed-asset investment in June saw 0.95% compared to that of May this year.
By region, the investment in the eastern region grew by 4.5% year-on-year; in the central region rose by 10.7% year-on-year; in the western region increased by 8.0% year-on-year; in the northeast region declined by 0.9% year-on-year.
