In the first eight months of 2012, output growth of China's textile industry increased by 10.5 percent, which was however down 10.2 percent year on year.
The biggest negative growth was witnessed in fixed asset investment, which fell 20 percent year on year to 416.391 billion Yuan between January and July 2012.
Investments in new projects fell 9.35 percent in January-July, showing that the industry lacked confidence in investing.
Domestic retail sales rose 7.5 percent in January-August, again lower than the same period last year.
Fibre2fashion News Desk - China
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