China’s fixed-asset investment went up 3.2% year on year in 2024, data from the National Bureau of Statistics showed. The total investment stood at 51.4 trillion yuan (about US$7.15 trillion) in the period, the bureau said in a statement.

High-tech industries saw strong growth, with investment up 8% year on year. Specifically, investment in high-tech manufacturing and high-tech services sectors expanded by 7% and 10.2%, respectively. And investment in the textile industry posted robust growth, up 15.6% in the period.

In December alone, the country’s fixed-asset investment edged up 0.33 percent month and month.

Source: CHINA TEXTILE LEADER Express