Xinjiang Textile And Garment Industry Loan Discount New Deal

In November 18th, the reporter learned from the textile Office of the autonomous region that the implementation of the Interim Measures for the management of the financial discount on loans to the Xinjiang Uygur Autonomous Region textile and garment enterprises jointly issued by the Finance Department of the autonomous region, the Commission of letters and credit, the finance office, the Urumqi branch of the people's Bank of China and the banking regulatory bureau promulgated the regulations.

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 in the autonomous region and loans to enterprises' working capital loans will be given 2 percentage points and 4 percentage points respectively, and the interest discount funds will be audited and appropriated in the next year. fixed The discount period for 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.

The introduction of the new deal undoubtedly brings good development to many textile and garment enterprises. At present, there are more than 1400 textile and garment enterprises in Urumqi. Some of them have no factory buildings due to shortage of funds, and rely on the leasing plant to maintain production. 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. Shortage of funds has become the most prominent obstacle to the development of many textile and garment enterprises. problem 。

Xinjiang Posey num Biotechnology Co., Ltd. mainly produces yarns, fabrics, garments, home textiles and so on, which are sold in Beijing and Shanghai. The Apocynum venetum series textiles are favored by domestic and foreign merchants.

The company official said, seeing that the company's products are popular, they want to continue to expand production, but the pressure of capital is a problem. Now the government has introduced a discount policy for textile and garment enterprises, which helps enterprises to further expand production and push the high-end fabric of the apocynum to the international market.

In fact, before the Xinjiang textile and garment industry loan interest discount new deal was promulgated, the Ministry of Finance and autonomous region also introduced textile product freight subsidy, cotton subsidy, cotton yarn freight subsidy and so on. series Preferential policies and measures.

In the first three quarters of this year, Xinjiang textile industry completed investment of 6 billion 940 million yuan, an increase of 1 times compared with the same period last year.