Clothing Listed Companies Began To Exert Their Strength In Xinjiang

A few days ago, YOUNGOR group announced that it would raise 3 billion 900 million yuan to build 100 thousand garment manufacturing projects in Xinjiang, and invest 50 thousand yuan of cotton mill in Kashi.

Up to now, in the Xinjiang textile and garment enterprises which have invested in the new construction and reorganization, there are more than 40 domestic textile top 500 and famous domestic and foreign enterprises, of which there are 11 domestic listed companies.

"The eastern coastal developed provinces and cities are heading towards the garment industry. Xinjiang Quick transfer. " Liang Yong, deputy director of the autonomous region, said.

In September 7th, the second Asia Europe Silk Road clothing festival heavyweight Conference - Yuanjiang province and Xinjiang Spin The garment industry cooperation and exchange meeting, the reporter learned that in recent years, domestic and foreign textile and garment enterprises to invest in Xinjiang, new and reconstituted cotton textile production capacity accounted for about 85% of the total capacity of the territory, and the production capacity of chemical fiber reached more than 90%.

Among them, the domestic textile industry listed companies become the leading force in investment. In addition to the Ningbo YOUNGOR group stationed in Xinjiang in 2005, it was established in Jiashi, Kashi in 2010. clothing Outside the processing factory, Shandong Ruyi Wool Textile Group merged Shihezi wool mill, established Ruyi Wool Textile Co., Ltd. in Xinjiang, Zhejiang Golden Eagle Group merged Yili wool mill, Jiangsu Zhangjiagang Zhangjiagang group established Manasi cotton technology limited company in Manasi county.

"These enterprises have the support of downstream industry chain, with high market share and strong overall strength, and have become a new force in the development of Xinjiang's textile and garment industry." Liang Yong said.

For a long time, due to the high cost of raw materials and logistics, and the incomplete industrial chain, it is necessary to invest in the cotton textile industry in Xinjiang.

Xinjiang cotton textile enterprises mainly use Xinjiang real estate cotton as raw material, and the vast majority of them are pure cotton products, which account for about 75% of the total cost. However, because the annual quota of cotton imports from Xinjiang cotton textile enterprises is small, and domestic and foreign cotton prices continue to widen, compared with the mainland enterprises, Xinjiang cotton textile enterprises have a high cost of raw materials, resulting in a decline in competitiveness.

In addition, the textile and garment industry in Xinjiang is now showing a "inverted cone" structure before the big and small ones, and the primary processing products are bigger and the added value is low. The complementarity between industries is poor, and the degree of dependence is not high, and a more complete industrial chain and reasonable value chain have not been established.

However, since the central economic aid conference in 2010, the autonomous region has issued a series of fiscal and taxation policies to support the development of the textile industry. At the same time, it has promulgated the "opinions on accelerating the development of the clothing industry in Xinjiang". It announced that it will increase the annual technological Transformation Fund from 30 million yuan to support the development of the garment industry in 2012. These policies are of great attraction for the mainland enterprises to invest in Xinjiang.

"Xinjiang's labor force is abundant and its cost is relatively low." the proposal to vigorously develop the textile and garment industry to promote employment of millions of people is a golden opportunity for our garment enterprises. " YOUNGOR group chief executive officer said.