Xinjiang receives government policy dividend and becomes a hot spot for national textile investmentRelease time: 2015-06-30 12:00
Standard Group (Hong Kong) Co., Ltd. Textile Industry Information: Xinjiang received government policy dividends and became a hot spot for national textile investment. On the morning of June 26, 2015, Xinjiang Yuhua Textile Technology Co., Ltd. officially started the 110,000-spindle high-end spinning project in Hutubi County Industrial Park. The project is expected to invest 350 million yuan, and it will achieve an output value of 400 million yuan after it is completed and put into production at the end of the year.
As a nationally strong cotton production county and one of the national high-quality cotton production bases, Hutubi County, cotton cultivation in 2014 reached 800,000 acres, with a total output of 240,000 tons of seed cotton. At present, there are 33 ginning factories in the county, with an annual processing capacity of 350,000 tons of lint, and 9 textile and garment processing enterprises. The designed production capacity is 250,000 spindles of cotton and 5,000 tons of various knitted fabrics. One of the "seven parks" in the clothing industry "three cities, seven parks and one center".
According to reports, Xinye Textile has also been actively investing in the textile and apparel industry in Awati County and Alar City. It is planned that by the end of this year, the production scale of Xinye Textile in Xinjiang will reach 550,000 spindles and the output value will reach 2 billion yuan. "We will make full use of the country's strong support for the Xinjiang textile and apparel industry, make good use of various preferential policies, and accelerate development in Xinjiang. It is planned to use 3 to 5 years to build Xinjiang Yuhua Company into a collection of spinning, Weaving and clothing as a whole textile group of the entire industrial chain. "Luo Rongqing said.
In 2014, the autonomous region introduced ten preferential policies to accelerate the development of the textile and apparel industry to drive employment. At present, all policies are in place. "Driven by the policy, the cotton spinning industry in our region has turned its profit back into full profit. The Xinjiang textile industry is attracting more and more foreign enterprises to enter Xinjiang and promote the rapid development of the textile and apparel industry." Said Xie Qing, deputy director of the Economic and Information Commission of the Autonomous Region.
According to Xie Qing, the total production capacity of the cotton spinning project started in Xinjiang in the first half of 2015 reached 5.82 million spindles, and it is estimated that by the end of this year, it can form a capacity of 4.12 million spindles.
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