Xinjiang Branch Of Import And Export Bank Innovating Support The Development Mode Of Textile Enterprises
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The branch of the State Council is conscientiously implementing the office of the State Council on supporting Xinjiang
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The guiding opinions on the promotion of employment in garment industry development and the relevant policies of the autonomous region supporting the textile and garment industry, giving full play to the advantages of policy finance, taking measures simultaneously, innovating mode, and actively supporting Xinjiang textile enterprises to accelerate their development.
In 2015, the bank issued a total loan of 1 billion 126 million yuan to our textile enterprises, and implemented the "action plan for developing the textile and garment industry to promote employment in 2015".
The Bank supported Shandong Ruyi Textile Group in Shihezi to purchase Tiansheng textile in Xinjiang. The project has been put into operation in July 1, 2015, and is expected to release 1 million spindles of cotton spinning, 25 million tons of high-end yarn dyed fabrics and 3500 tons of high-grade towels annually. Through the inter branch interaction mode, the company will take the initiative to contact with the brothers in the banking sector. The joint Shanghai branch will support Tianhong Group in the Kuitun Dushanzi economic and Technological Development Zone, build the 1 million spindles textile project of Xinjiang Tianhong foundation Textile Co., Ltd., and create a new model for the import and export bank to support the development of Xinjiang textile enterprises. The three phase of the project is completed, and the output value can reach 5 billion yuan, and more than 5000 people can be employed.
In addition, the bank aims to strengthen the support of the leading enterprises and fully support the development of the textile industry of the autonomous region, accelerate the development of the textile industry, enhance the competitiveness of enterprises, use various financial instruments to support the imported raw materials of Xinjiang's FLDA fiber, support Kashi's sub behavior, and expand the capacity of the Qianhai textile enterprises, such as the southern Xinjiang's dominant textile enterprises, to boost local employment and increase the income of farmers and herdsmen.
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