What Substantive Progress Has Been Made In Developing The Textile And Garment Industry In Xinjiang?

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The weave of the net gives you an introduction of the substantial progress made by Xinjiang in developing the textile and garment industry.

In order to solve the employment problem of the minority nationalities in Xinjiang, especially in southern Xinjiang, the autonomous region issued the opinions on developing the textile and garment industry to promote employment in July this year, and the Xinjiang plan for developing the employment plan for textile and garment industry (2014-2023), and formulated ten support policies, which has created a favorable policy environment for Xinjiang to accelerate the development of the textile and garment industry.

At present, the enthusiasm and initiative of promoting textile and garment industry in all parts of Xinjiang are soaring.

With the implementation of policies in the central and autonomous regions, Xinjiang has made substantial progress in developing the textile and garment industry to accelerate the implementation of employment.

3 billion 500 million yuan to support the development of textile and garment industry

The development of the textile and garment industry is conducive to the extension of Xinjiang's superior cotton agricultural product to the industrial field, creating a large number of employment opportunities.

Reporters learned that the national development and Reform Commission and the Ministry of finance have made a clear statement, from 2014 to 2018 for 5 consecutive years, each year produced 1 billion yuan to support the development of Xinjiang's textile and garment industry.

This year, the central government's funds have reached 1 billion yuan, and the autonomous region's finance has produced 2 billion 500 million yuan, totaling 3 billion 500 million yuan to support the development of Xinjiang's textile and garment industry.

The Ministry of finance has introduced policies and measures for VAT refund of textile and garment enterprises in Xinjiang. At the level of the autonomous region, a series of specific policies and measures such as freight subsidy for deep-processing products of textile and clothing, cotton subsidies by cotton textile enterprises, and freight subsidy standards for Xinjiang cotton yarn are also put forward at the autonomous region.

Gao Fu, deputy inspector of the consumer goods industry department of the Ministry of industry and information technology, held in November 5th the "Ministry of industry and information technology implementation of the second central Xinjiang work symposium mental work conference" revealed that the Ministry of industry and commerce is working together with the national development and Reform Commission to draft the guiding opinions on supporting the development of Xinjiang's textile and garment industry to promote employment. The initial clear goal is: by 2020, the scale and technical level of Xinjiang's cotton textile industry ranks the top in the country. Clothing, apparel, knitting and other industries have begun to take shape. The distinctive industries such as national costume, hand-made carpet and so on have achieved remarkable results. The intermediate links such as weaving, printing and dyeing industry have been deployed, and the level of viscose cleaner production and pollution control has reached the requirements of industry access.

Basically completed the national important cotton spinning industrial base, northwest and Silk Road Economic Belt Core clothing and apparel production base and westward export distribution center.

Textile and garment industry loan discount new deal

"Textile in Xinjiang

The industry is ushering in a great opportunity for development. We hope that financial institutions can increase support for textile and garment enterprises and provide various facilities for us to build industrial parks, new factories and introduce new equipment.

On the occasion of the autonomous region's support for the development of textile and garment enterprises to promote employment and bank and enterprise docking, Chen Yuan, general manager of Urumqi guuri culture and Art Co., has revealed the aspirations of many textile and garment enterprises.

99% of the textile and garment enterprises are small and micro enterprises. According to the introduction, there are now more than 1400 textile and garment enterprises in Urumqi, and 8500 people are employed. Some of them have no factory buildings due to shortage of funds and so on.

A thorough investigation shows that in 2014, the demand for textile and garment enterprises in Urumqi was 772 million yuan, and the demand for capital in 2015 would increase to 1 billion yuan.

This shows that the shortage of funds has become the most prominent problem that hinders the development of many textile and garment enterprises.

Now, the Xinjiang textile and garment industry loan interest discount new policy that the government and enterprises are highly concerned about has already been introduced.

This is the implementation of the Interim Measures for the management of financial discount on loans made by the Xinjiang Uygur Autonomous Region textile and garment enterprises jointly issued by the autonomous region finance department, the credit commission, the finance office, the Urumqi branch of the people's Bank of China and the Banking Supervision Bureau.

The Implementation Measures stipulate that from January 1, 2014 onwards, the fixed assets loans for new and extended projects of the textile and garment enterprises of the autonomous region and the loans to enterprises' circulating capital shall be given 2 percentage points and 4 percentage points respectively, and the interest discount funds will be audited and appropriated in the next year.

The discount period for fixed assets loans is not more than 5 years, and the discount rate of working capital loans is not more than 3 years.

For enterprises enjoying three years of financial discount interest, the proportion of employees in Xinjiang less than 50% will cease to enjoy financial discount subsidy.

Ning Hongmou, director of the Finance Office of the autonomous region, said that the financial institutions should take the Xinjiang textile and garment industry as an object of encouragement and support. Banks should understand the real demand for credit funds of textile and garment enterprises, and the textile and garment enterprises should be more familiar with the loan process of bank credit approval, loan issuance and the Xinjiang equity trading center, so as to make good preparations for the project's financing.

Accelerate construction of three textile cities

As the central and state ministries and commissions give strong support to the development of Xinjiang's textile and garment industry, the implementation of various policies has strengthened the confidence of entrepreneurs in Xinjiang and effectively promoted the rapid development of Xinjiang's textile and garment industry.

In particular, Akesu, Korla, Shihezi three textile industrial cities continue to speed up the construction, three in the ten major policies on the basis of Xinjiang, "adding" to attract more enterprises to the park.

In the textile industrial city of Akesu, the textile enterprises settled in the industrial city can set up a cotton spinning plant with a scale of 50 thousand spindles. The textile enterprises (only spinning and weaving enterprises) are paid for the land pfer fee, and the finance of the development zone will be returned to the enterprises in the form of infrastructure subsidies. The professional and technical personnel and management personnel introduced to the textile and garment enterprises can go through the household registration procedures and arrange their children's schooling according to the relevant regulations.

Korla has launched a tariff subsidy policy: in the autonomous region, the price of textile and garment industry is 0.38 yuan, and the local government will subsidize 3 cents. The company will only take 0.35 yuan to further reduce the production cost of enterprises.

In order to boost the development of the textile industrial city, Shihezi has introduced preferential policies in terms of electricity price and value-added tax on the basis of policies promulgated by the central and autonomous regions.

Shihezi power grid is an independent power grid. The textile enterprises settled in the Shihezi economic and Technological Development Zone can save about 10% of the cost on electricity alone.

Reporters learned from the autonomous region by the letter Committee, the first three quarters of this year, Xinjiang

The industry completed investment of 6 billion 940 million yuan, an increase of 1 times compared with the same period last year.

The first batch of textile and clothing projects has been launched in a comprehensive way and has been supported by special funds. The second batch of 111 projects has also started. It is expected that 20 thousand people will be employed and 40 thousand new jobs will be achieved throughout the year.

Next, the autonomous region will increase investment and attract more textile and garment enterprises from coastal areas to Xinjiang.