Central cast ten billion to support the textile industry in Xinjiang
 
   Suffering in the textile industry in Xinjiang , will usher in the development of the spring. Reporters from the Xinjiang Uygur Autonomous Region today, commercial work conference that will invest 10 billion yuan central special funds to support the development of the textile industry in Xinjiang , driving 100 million jobs , Xinjiang textile industry chain extends to garment processing and sales.

   Reporters learned from the regional office of textile lines , in support of the central 10 billion yuan of special funds , the autonomous region invested 10 billion yuan will be matching (including the fight Yuanjiang funds included) to support the development of the textile industry in Xinjiang .

   These funds are mainly used in three ways: First, to support the introduction of mainland textile and clothing manufacturers, boot from the funding policies of the Mainland textile and garment manufacturers to border investment ; second is being produced in Xinjiang run textile enterprises, including bringing the future the textile and garment enterprises , giving freight, taxes and other subsidies ; third is to support the textile industrial park infrastructure as the leading textile companies .

   Determined in accordance with the current plan, the development of the textile industry in Xinjiang will be implementation of the " Three City Park, a seven- center" layout, " Tri-Cities " refers to Aksu , Korla, Shihezi ; "Seven Park " refers to Hami , Bachu , Alar , Shaya , Manas , Kuitun, Huoerguosi ; " a center " refers to the construction of textile and clothing trade center in Urumqi .

   Domestic and international factors affected upside cotton , the textile industry in Xinjiang last couple of years companies have been struggling with losses . According to statistics, in 2013 the total output of 3.4 million tons of cotton in Xinjiang , accounting for half of the country . Cotton accounts for about 35% of the income of farmers' income in Xinjiang , the main cotton producing counties in the southern and even accounts for 50 % -70 %. Cotton upside down also to cotton production and processing industry greatly affected . The central and regional support for the textile industry , will be a maximum of "timely ."

     Source: China Business Times
     Bundy line , Bondi yarn, cursory line - issued by Xu Sheng finishing line industry