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March Yarn Output Soars to 1.5918 Million Tons
Source: globecot Date: 2007-04-13
China’s yarn production soared to 1,591,800 tons in March, which was up 21.2 percent from last year and 37.3 percent from February. It also reflected the coming on line of new capacity. China’s fixed asset investment in 2006 reached a record 202.970 billion yuan, which was up from 159.711 billion in 2005. January through February 2007 investment has further increased to 18.05 billion yuan. Such investment is continuing to expand textile product output. September 2006 through March 2007 cumulative yarn production reached 10,563,900 tons, reflecting 19.6 percent year-on-year growth.
