Yancheng Textile Industry Revived Under Financial Crisis

2008/12/16 15:22:00 30

Since the beginning of the year, under the background of "cold air" in the global macroeconomic environment, Yancheng, a big textile city, has been hit hard, with sharp reduction in orders and high costs.

However, from the Yancheng City municipal government, 1-11 months ago, the textile industry in Yancheng City realized taxable sales of 15 billion 320 million yuan, an increase of 1.7% over the previous year, an increase of 2.2 percentage points over the first half of the year.

The news of this trend of warming has undoubtedly boosted confidence in Yancheng's industrial economy "wintering the cold war".

The recovery of textile industry is affected by the low price of new cotton, on the other hand, it is leveraged by various supporting policies from the state to the local level, and the operating rate of key enterprises is kept at a relatively high level.

In 30 large scale enterprises, 18 enterprises of Shuang Shan, Donghua, Zhong Heng, Sun Sheng, Jin Lan and other enterprises have reached the rate of more than 90%, and some clothing enterprises in Sheyang and salt capital have received orders for the first quarter of next year.

At the same time, the machinery industry has been stimulated by the continuous sharp decline in domestic steel prices, and the rate of start-up has also picked up.