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MIIT: Textile Industry Fixed Assets Investment Reached 68.1 Billion Yuan from Jan. to Apr.

According to Ministry of Industry and Information Technology, the fixed assets investment of textile industry reached 68.1 billion yuan from Jan. to Apr. this year, up 1.6% from the same period last year. But the growth rate went dwon 16 points on a yearly basis.

 

By the category of sectors, the total investment in fabric & textile industry was 38.1 billion yuan, a little dwon on a yearly basis. Of which, the investments on cotton textile and dyeing & printing industries went dwon 3.5%; on wool textile, down 4.2%; on finished products, down 1.9%. The investment on chemical fiber manufacturing sector was 6.3 billion yuan, down 16.8%. For garment manufacturing, the investment was 22.3 billion yuan, up 12.5%.

 

By the category of areas, the investment in Mid & West China was more active than that in East China. The top three provinces by investment value were Jiangsu, Shandong and Henan. Those whose investment growth rate beyond 50% included Shanxi, Jilin, Anhui, Jiangxi, Hainan, Shannxi, Gansu. The negative growth provinces were Tianjin, Shanghai, Shandong, Hubei, Guangdong, Yunnan, Ningxia, Qinghai, Xinjiang.

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