China’s fixed-asset investment rose 3.4 percent year on year in the first 10 months of 2024, official data showed. The investment totaled 42.32 trillion yuan (about US$ 5.88 trillion) during the period, the National Bureau of Statistics (NBS) said in a statement.

Investment in manufacturing increased 9.3%, with the growth rate accelerating from those registered in the first nine months of the year, according to the NBS. As for the investment in textile industry, it saw a robust growth of 15.2% year-on-year growth.

Source: CHINA TEXTILE LEADER Express