Xinjiang'S 20 Billion Yuan Fund Helps To Develop Textile And Garment Industry

< p > the Xinjiang Uygur Autonomous Region recently said that it will set up a 20 billion yuan "a target=" _blank "href=" //www.sjfzxm.com/ "textile" /a "a target=" _blank "href=" _blank "> clothing industrial development special fund, and launch special preferential policies such as taxation, subsidies, low electricity prices, etc., to support the development of textile and garment industry and promote local employment.

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< p > Xinjiang will set up a special fund of around 20 billion yuan through the central financial support and the self raising of the autonomous region. It will be applied to the infrastructure and factory buildings and technological pformation of textile and garment parks.

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< p > Yan Qin, Deputy Secretary General of the the Xinjiang Uygur Autonomous Region people's government, Yan Qin: the factory building is mainly built in southern Xinjiang. After the construction is completed, it is free to use for enterprises. In the cotton concentrated Akesu, Korla and Shihezi, it concentrates on printing and dyeing, concentrates on sewage treatment, and the operation of sewage is also subsidized, so that the government can reach a guarantee to make sewage treatment 100%.

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Apart from setting up special funds for development, Xinjiang has also launched 10 policies, such as preferential tax policy and low electricity price, to promote the development of the garment industry and increase support for the southern P.

The implementation of the staff training subsidy policy has formulated special subsidy policies for the newly recruited Xinjiang employees in textile enterprises and those enjoying low subsistence treatment in the southern prefectures and cities.

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< p > according to the introduction, it is estimated that in the next ten years, the total output value of Xinjiang's textile and garment industry will reach 212 billion 500 million yuan by 2023, and the employment capacity will reach 1 million, and the textile and garment industry will achieve leaping development.

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