China's fixed-asset investment went up 5.7 percent year on year in the first seven months of this year, data from the National Bureau of Statistics (NBS) showed. Fixed-asset investment from January to July totaled CNY 31.98 trillion yuan (about US$ 4.74 trillion), the NBS said in a statement. The growth slowed from a 6.1% increase posted in the first half of this year. In July, fixed-asset investment picked up 0.16% from June.

By industry, the fixed-asset investment of manufacturing industries grew by 9.9% year on year. Among them, the textile industry increased by 1.1% year on year. By region, the investment of the eastern region grew 4.1% year-on-year; the central region, up by 10.1% year-on-year; the western region, up by 7.9% year-on-year; the northeast region, up by 0.1% year-on-year.

Source: CHINA TEXTILE LEADER Express