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Textile Industry’s Fixed-asset Investment up 12.4% in January-November 2021

2022/1/26

The data released by National Bureau of Statistics show that China’s fixed-asset investment (excluding farmers) reached CNY 49.41 trillion in January to November 2021, seeing a year-on-year growth of 5.2%. The two-year average growth was 3.9%.


By industry, the secondary industry invested CNY 15.1 trillion in fixed assets, up 11.1% year-on-year. Among them, the fixed-asset investment of manufacturing industry increased by 13.7%, and that of textile industry grew by 12.4%. By region, the investment of eastern region grew 6.6% year-on-year; the investment of central region rose 11.0%; the investment of western region up 4.4%; that of the northeast region increased 5.7%.


Source: CHINA TEXTILE LEADER Express


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