Investment in Xinjiang's textile and clothing industry continues to rise, striving to expand the market to the west
RUIFENG
At the Tulipa Socks Factory in the Textile Industrial Park of Bachu County, Kashgar Prefecture, Xinjiang, newly married Ai Li Wufu and his wife Reyiguri operate modern looms in the sock weaving workshop, working 8 hours a day. The high-end cotton socks made by their hands will enter the Kyrgyz market 300 kilometers away in a week.
Anival Maimaiti, the general manager of Tulipa Socks Factory, has been operating a cotton mill in Zhuji, Zhejiang Province for 10 years. In 2015, he came to Kashgar Bachu to invest and start business. He said that Kashgar has "five ports connecting eight countries and one road connecting Europe and Asia", and the geographical advantage of opening up to the west can bring convenience to product exports.
There are also special preferential policies granted by the government to the textile and clothing industry, which can attract Anivar Maimai to return to his hometown for investment and entrepreneurship.
In 2014, Xinjiang launched the development of the textile and clothing industry to drive the employment of millions of people, and also launched ten major measures to assist: the establishment of a 20 billion yuan (RMB, the same below) textile and clothing industry development fund, with all enterprise value-added tax used for industrial development, low electricity prices, transportation subsidies, loan interest subsidies, social security subsidies, etc. Social security subsidies, etc.
The overlapping effect of policies is prominent, and investment in Xinjiang's textile and clothing industry continues to rise. Data shows that in 2014, the fixed assets investment in Xinjiang's textile and clothing industry reached 9.615 billion yuan, an increase of 76.1% over the previous year. In 2015, the fixed assets investment in Xinjiang's textile and clothing industry reached 31.79 billion yuan, an increase of 230.6% over the previous year. In 2016, the fixed assets investment in Xinjiang's textile and clothing industry reached about 50 billion yuan, an increase of 119.5%. An increase of 119.5%.
RELATED NEWS