Wuxi Textile Enterprises Have Different Strategies To Deal With High Costs.
Wuxi textile enterprises, tested by the international financial crisis and the three pressures of cotton price, exchange rate and labor cost in 2010, were the most talked and pondered topics in 2011. Transformation and upgrading has become a "sharp weapon" for Wuxi textile enterprises to meet the challenges of high cost.
Relying on textiles to enter strategic emerging industries has also become an upgrading model of Wuxi textile enterprises. Qian Zhou Printing and dyeing mill Is the first to jump out of crude processing mode of printing and dyeing enterprises, the plant aimed at the bright future of solar photovoltaic industry, solar cell components, business output from the past 80 million yuan, to 600 million yuan at once, and now is building a billion level solar photovoltaic industry.
In Wuxi, there are not only the former Chau dyeing and printing factory, but also the traditional Wuxi textile enterprises such as Taiji, Hongyuan and sunshine. They have also made a resolute attack on new industries such as wind power, photovoltaic and semiconductor materials. In 2011, these enterprises will have big moves in the field of emerging industries.
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