Analysis Of Investment In China'S Textile Industry In 2010

In 2010, the global economic recovery,

In terms of investment in various regions, the investment growth rate in the central and western regions is higher than that in the eastern region, and the proportion of investment in the total industry investment continues to increase.

In the 1~11 month of 2010, investment in the eastern region reached 185 billion 669 million yuan, an increase of 18.66% over the same period last year. The investment in the central region reached 131 billion 144 million yuan, an increase of 43.84% over the same period last year, and the investment in the western region was 33 billion 995 million yuan, up 46.80% over the same period last year.

The growth rate of investment in the central and western regions is 25.18 and 28.14 percentage points higher than that in the eastern region, respectively. The proportion of investment in the western and central regions is 37.38% and 9.69% respectively, representing 3.72 and 1.14 percentage points higher than the same period last year.

The actual investment in Jiangsu textile industry is the most outstanding. The total investment actually completed is 51 billion 419 million yuan, an increase of 20% over the same period last year, a decrease of 2.03 percentage points over the 1-10 month investment growth rate, followed by 37 billion 970 million yuan in Henan, 37 billion 133 million yuan in Shandong, 29 billion 747 million yuan in Jiangxi, 26 billion 307 million yuan in Hebei, 23 billion 639 million yuan in Anhui, 22 billion 691 million yuan in Zhejiang, 21 billion 453 million yuan in Hubei and 23 billion 639 million yuan in Fujian.

From the perspective of investment growth, Hubei's textile industry has achieved the fastest growth in investment volume, reaching 74.28%.

The fastest growing province of textile industry in China is still Gansu (393.2%), followed by Guizhou (264.4%), Tianjin (259.6%) and Inner Mongolia (129.98%). The growth rate of these provinces and cities is above 100%.

The actual completion of the investment is divided into sub sectors: the textile industry's investment in 1~11 months continues to grow, and the fixed assets investment projects of textile enterprises of 5 million yuan and above have invested 196 billion 855 million yuan, an increase of 26.6% compared with the same period last year. The growth rate is 15.2 percentage points faster than that of the national textile industry in the same period in 2009, which is 1.1 percentage points higher than the growth rate of fixed assets investment in the textile industry in 1-10 months.

In 1~11 months, the textile, clothing, footwear and hat manufacturing industry actually completed investment of 120 billion 646 million yuan, an increase of 31.2% over the same period last year, an increase of 16.2 percentage points over the same period last year, a 0.3 percentage point increase over fixed asset investment growth in 1~10 months.

In addition, 1~11 months, the chemical fiber manufacturing industry actually completed investment of 34 billion 26 million yuan, an increase of 49.3% over the same period, and the textile equipment manufacturing industry actually completed investment of 6 billion 363 million yuan, an increase of 14.75% over the same period last year.