The data recently released by National Bureau of Statistics show that China's fixed-asset investment (excluding farmers) totaled CNY 44.58 trillion in January to October, saw 6.1% year-on-year growth, while the growth rate up 7.8 percentage point from the same period of 2019 and accelerated by 0.15% compared to September, 2021.

By industry, secondary industry invested CNY 13.52 trillion in fixed assets, up 11.3% year-on-year. Among them, the textile industry saw 13.2% year-on-year growth in fixed assets investment. By region, the investment of eastern region grew 7.1% year-on-year; the investment of central region rose 12%; the investment of western region increased 4.5% year-on-year; the investment of northeast region grew by 6.8%.

Source: CHINA TEXTILE LEADER Express