Blog

29

2024

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01

Investment in Xinjiang's textile and apparel industry continues to heat up, and efforts are being made to expand the market to the west.


  In Xinjiang Kashgar Bachu County Textile Industrial Park Tulipa socks factory, the newly married Aili Gufuer and his wife Reiyiguli in the socks weaving workshop to operate modern looms, working 8 hours a day, by their hands made of high-grade cotton socks, a week will enter the market 300 kilometers away in Kyrgyzstan.

  Tulipa socks factory's general manager Ainiwar buy buy, in zhuji, zhejiang province, open cotton spinning factory has been 10 years, in 2015 to kashgar bachu investment in business. He said, Kashgar “five mouths through eight countries all the way to Eurasia”, the local geographic advantage of opening up to the west can bring the convenience of product exports.

  Can attract Ainivar buy buy home to invest in entrepreneurship and the official textile and garment industry to give special preferential policies.

  In 2014, Xinjiang launched the development of textile and garment industry to drive the employment of millions of people project, at the same time, the launch of ten measures to help: the establishment of 20 billion yuan (RMB, the same below) Textile and Garment Industry Development Fund, enterprise value-added tax is used for industrial development, low power tariffs, transportation subsidies out of the border, loan subsidies, social security subsidies, etc.. Social security subsidies.

  Policy stacking effect highlights, Xinjiang textile and garment industry investment continues to heat up. Data show that in 2014, fixed asset investment in Xinjiang's textile and garment industry amounted to 9.615 billion yuan, an increase of 76.1% over the previous year.In 2015, fixed asset investment in Xinjiang's textile and garment industry amounted to 31.79 billion yuan, an increase of 230.6% over the previous year.In 2016, fixed asset investment in Xinjiang's textile and garment industry amounted to about 50 billion yuan, an increase of 119.5%. An increase of 119.5%.

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