China’s fixed-asset investment rose 3.9% year on year in the first half (H1) of 2024, data from the National Bureau of Statistics (NBS) showed. The investment totaled 24.54 trillion yuan (about US$ 3.44 trillion) during the period, the NBS said in a statement.

Manufacturing investment increased 9.5 percent year on year. In particular, investment in the textile industry posted robust growth, up 14.3 percent in the period.

Source: CHINA TEXTILE LEADER Express