From January to April 2008, Chinese textile industry accumulated investment (fixed-asset projects with investment above 500 million yuan) of 67.007 billion yuan, year-on-year rise of 17.6 percent.
This represents slowing down of growth rate by 8.08 percentage points as compared to 25.74 percent in 2007.
In the past year, the industrial growth rate of fixed asset investment reached the highest at 34.60 percent, and the lowest at 8.95 percent, marking a volatility range of 25.64 percent.
Fibre2fashion News Desk - China
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