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Xinjiang textile industry grows phenomenally

The central government and the local government of Xinjiang Uygur Autonomous Region in China, over two years, have come up with several positive policies. These support the development of the local textile and garment industry, attract textile and garment enterprises from outside Xinjiang to invest and set up mills in the region. This has prompted fast development of local textile and garment industry.

The local textile industry would have more than 10 million spindles by the end of 2015, say experts. Liu Yanning, Head of administrative office of Xinjiang textile industry avers the industry in the regions made further progress merchandising and attracting investment, this year. Textile and garment enterprises from other areas outside Xinjiang had invested in 118 projects in Xinjiang, by the end of June. This included 58 textile projects with total investment of yuan 26.75 billion and 60 garment and home-textiles projects with total investment of near yuan 2.93 billion. The local industry’s fixed-asset investment had hit yuan 7.05 billion, up 187 per cent over the same period in 2014.

This year, four million new spindles will be installed, which would add up to the total textile production capacity of over 10 million spindles by the end of 2015. The total processing capacity of the garment sector is 50 million pieces and 67,000 jobs. The textile production capacity went up from the 5.5 million spindles in 2012 to 7.60 million spindles last year. It would further go up to 10 million spindles at the end of 2015. Yanning says that at this pace, the textile industry is expected to hit the target of 20 million spindles.

 
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