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Investments in textile sector reinforce confidence

22
Oct '09
China's textile industry actually completed a total investment of 188.24 billion Yuan from January to August 2009, an increase of 6.55 percent year on year.

The industry realized a cumulative growth trend year on year since early 2009, but the growth rate slowed down after May.

Of the above, 5,194 projects were new projects, showing an increase of 23.34 percent year on year, indicating a 33.01 percent higher than the percentage of last year.

Overall upward trend was significant since the beginning of 2009, reflecting business confidence in market prospects is constantly reinforced.

Fibre2fashion News Desk - China


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