Home / Knowledge / News / Textiles / Overall investment of garment industry in 2006

Overall investment of garment industry in 2006

Mar '07
The investment by garment industry accounted for 42.11 percent of the total investment of textile industry in 2006. On the whole, investment increased by 46.67 percent compared with 2005, growth rate slightly lower than that in 2005.

The investment activities of several inland provinces, like Jiangxi, Henan, Anhui, Chongqing, Hubei and Jilin, were very active. The growth rate of Jiangsu, Zhejiang, Guangdong and Fujian was also higher than the average growth rate of the country. The investment completed by Shandong province was basically same with 2005, but investment scale ranked first in the country.

Compared with textile industry, in garment industry, investment from overseas, Hong Kong, Macao and Taiwan enterprises accounted for a larger proportion. The investment from these two sources formed 30.90 percent of the total investment in garment industry, 16.47 percent higher than that in textile industry.

The average investment amount of a single project expanded 9.35 percent.

Investment went into technical transformation in 2006. Enterprises completed heavy technological reform investment to improve labor productivity and processing quality.

The fixed assets of garment industry accounted for 26.27 percent of the total assets, decreasing slightly by 0.5 percent from 2005.

Fibre2fashion, News Desk - China

Must ReadView All

Pic: Shutterstock

Textiles | On 17th Sep 2021

UK again delays post-Brexit import trade controls

The United Kingdom has again delayed the implementation of some...

Pic: Shutterstock

Retail | On 17th Sep 2021

American retailers oppose business tax rate increases

The National Retail Federation (NRF) has opposed the proposed...

Pic: Shutterstock

Apparel/Garments | On 17th Sep 2021

Bangladesh looking to boost man-made fibre apparel exports: TexPro

Bangladesh is looking to focus on the man-made fibre apparel market...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Susan Bhaktul,

Susan Bhaktul

Established in 2000 as a liaison with the Government of India, Industree...

C Maennich,

C Maennich

Trützschler, one of the world's leading textile machinery manufacturers,...

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search