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    Xinjiang Cotton Yarn Freight Subsidy Policy To Solve The Crisis

    2010/3/18 16:46:00 59

    Xinjiang Cotton Yarn Subsidy

    Xinjiang textile industry, which was deeply affected by the international financial crisis, achieved a profit of 250 million yuan in 2009 under the joint efforts of the whole industry, reversing the loss of 416 million yuan in 2008.


    In 2009, the international financial crisis caused the export of textiles in our district to be blocked, and domestic sales were sluggish.

    Under this situation, the textile industry industry management office of the autonomous region focuses on improving the level of economic monitoring, early warning and coordination, and promotes enterprises to increase production and income, and helps enterprises coordinate and solve problems arising from production and operation. In 2009, the banking institutions and other financial institutions were coordinated, so that 10 households in the land side focused on monitoring textile enterprises to obtain 348 million loans.

    At the same time, it actively applied for coordinating the sale of State Cotton stores in Xinjiang, and solved the problem of raw material gap in some cotton spinning enterprises in the region since last June. In addition, the regional textile Office of the autonomous region has also actively reflected to the relevant departments that the freight subsidy policy for Xinjiang cotton yarn has been solved. In December of last year, enterprises received the subsidy funds.

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