China’s fixed-asset investment rose 4% year on year in the first five months of 2024, data from the National Bureau of Statistics (NBS) showed. The investment topped 18.8 trillion yuan (about US$ 2.64 trillion) during the period, the NBS said in a statement.

Manufacturing investment rose 9.6% year on year during the period. Among them, the textile industry saw 13.4% year-on-year growth.

Source: CHINA TEXTILE LEADER Express