The Central Autonomous Region Invested 3 Billion 500 Million Yuan To Support The Development Of Xinjiang's Textile And Garment Industry.

It is understood that the first batch of Xinjiang Spin Clothing projects have been supported by special funds, and the second batch of 111 projects has been launched, and 20 thousand people are expected to be employed. At present, the national development and Reform Commission and the Ministry of finance have made a clear statement. From 2014 to 2018, for 5 consecutive years, each year, they produced 1 billion yuan each year to support the development of Xinjiang's textile and garment industry. This year, the central government has reached 1 billion yuan in funds and 2 billion 500 million in the autonomous region's finance. A total of 3 billion 500 million funds are used to support Xinjiang's textile industry. clothing Industrial development. The Ministry of finance has introduced policies and measures for value-added tax return of textile and garment enterprises in Xinjiang. At the level of the autonomous region, a series of specific policies and measures such as freight subsidy for deep-processing products of textile and clothing, cotton subsidies by cotton textile enterprises, and freight subsidy standards for Xinjiang cotton yarn are also put forward at the autonomous region.

Gao Fu, deputy inspector of the consumer goods industry division, said that in July of this year, Xinjiang introduced the ten year plan for developing the textile and garment industry. The Ministry of industry and Commerce will strengthen the coordination of the development of Xinjiang's textile and garment industry with the national textile and industrial development plan. It will take the initiative to carry out work in Xinjiang's textile and garment industry development planning, industrial policy, industry management, economic operation, industrial transfer and other aspects. It will study the establishment of an upper and lower linkage mechanism, led by the consumer products division, and Xinjiang's and Xinjiang's industrial sectors in charge of consumer goods, and Xinjiang's liaison mechanism. Xinjiang textile Industrial Development and a better platform for internal and external cooperation.

According to reports, the first three quarters of this year, Xinjiang textile industry completed investment of 6 billion 940 million yuan, an increase of 1 times compared to the same period last year. Next, the autonomous region will increase investment and attract more textile and garment enterprises from coastal areas to Xinjiang.