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Xinyi Textile Exports Accelerate
Xinyi textile and garment exports accelerated, exports in August amounted to 60 million US dollars, an increase of 20 times compared to the same period last year. Xinyi is the largest textile raw material production and garment processing export base in Northern Jiangsu. There are 15 textile production enterprises above Designated Size, with an annual output of more than 100 million high level simulated silk fabrics, 50 million meters of blended fabrics, 150 thousand tons of polyester fiber, 40 thousand tons of high-grade wool strips and 5 million pieces of clothing. Since August this year, Xinyi has seized great opportunities to adjust the export tax rebate rate, increase production, increase production scale and increase export volume. At present, 11 textile and garment processing enterprises continue to export products, and the market is quite good.
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