Xinjiang Has Launched A Boom In Investment And Development Of Textile And Garment Enterprises In Xinjiang.

Recently, in 2015 China Keqiao International

At the fair,

Tianhong foundation Textile Co., Ltd. signed a 1 million spindle production project with Kuitun Dushanzi economic and Technological Development Zone.

At the Textile Expo, the Xinjiang delegation signed textiles.

There are 9 industrial projects, with a contract amount of 12 billion 970 million yuan.

NiGuti Smayi, director of the Xinjiang merchants Development Bureau, said that the advantages of developing textile and garment industry in Xinjiang are unique. Because of the special advantages and industrial bases of raw materials, electricity, land, location and passage, as well as market demand at home and abroad, the advantages and conditions of opening westward can not be replaced by other provinces and cities.

According to the statistical bulletin of national economic and social development in 2014, the output of cotton in the whole country was 6 million 161 thousand tons in 2014, of which Xinjiang's cotton output was 4 million 510 thousand tons, accounting for 73% of the total cotton output in the country.

Abundant cotton resources laid the foundation for the development of Xinjiang's textile and garment industry.

The enthusiasm of enterprises to invest in Xinjiang is high. The implementation of a series of preferential policies in developing textile and garment industry in Xinjiang has raised the upsurge of textile and garment enterprises' investment in Xinjiang.

At present, more than 40 well-known domestic and foreign enterprises have invested and built factories in Xinjiang.

NiGuti Smayi said that in the future, the Investment Promotion Bureau of the autonomous region will focus on attracting investment from seven industries such as clothing, cotton textile, wool textile, knitting, chemical fiber, printing and dyeing, carpet and so on, and encourage all kinds of social capital investment. It will focus on attracting the leading brand enterprises in the eastern region and the leading enterprises in the whole industry chain to enter the Xinjiang development area, and strive to basically build an important national cotton spinning industrial base in 2020, the northwest garment production base in the northwest area and the Silk Road economic belt core area and the West export distribution center.

Experts recommend that the international market should be expanded. At present, Xinjiang has initially formed a textile and garment industry system dominated by cotton spinning and viscose fiber. It has the advantages of cotton resources, land, energy, and industries such as Xinjiang and Xinjiang, and has a good foundation for developing textile and garment industry.

But at the same time, it also faces challenges such as high labor costs, low labor productivity, high pportation cost away from the main selling market, lagging development of supporting industries, and lack of technical talents. The existing advantages have not yet been turned into industrial advantages.

Xu Wenying, vice president of the China Textile Industry Federation, believes that although Xinjiang has initially formed a textile and garment industry system dominated by cotton spinning and viscose fiber, it has different trends in the steady growth of the profit rate of the textile industry in China. The profit margins of Xinjiang textile industry fluctuate greatly, and are significantly lower than the average level of the industry.

On the one hand, due to the excessive concentration of industry in cotton spinning and viscose industry, the correlation between profit level and the fluctuation of raw material market is very large. On the other hand, the scale of enterprises is generally small, the technology strength is lacking, the ability of independent innovation is weak, the added value of products is low, the pportation cost is high, and the development of supporting industries is lagging behind.

It is the key to the development of local textile industry to pform Xinjiang's advantages of cotton resources, land, labor, location, energy, and industries such as the aid of Xinjiang, Xinjiang and Xinjiang into industrial advantages.