An analytical report from National Bureau of Statistics shows that the total projected investment of yarn industry from January to September was 154.8 billion yuan, an increase of 15.16 percent over the same time last year.
Among them investments worth 62.14 billion yuan is already done, giving a growth of 24.39 percent, accounting for 40.12 percent of the total projected investment.
During this period, 2640 projects were taken up for construction, up 13.74 percent over the same time last year. Of these, newly started projects were 1635, showing a rise of 6.93 percent.
By the end of September, number of completed projects were 531, boosting to 25.53 percent over the same period of the previous year, which accounts for 20.11 percent of the total projects in progress.
fibre2fashion News Desk - China
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