Xinjiang Government Releases 8 Favorable Policies For Textile And Garment Industry

10 billion fund to promote the development of textile and garment industry

March 17th, from China - china-eurasia expo The Secretariat and the autonomous region's office of the leading group of textile and garment industry to promote employment has been jointly sponsored by the National Convention and Exhibition Center (Shanghai). Since the launching of the textile and garment industry in Xinjiang and the Fifth China Asia Europe Expo textile and clothing exhibition, Shanghai will be held in Beijing. The Deputy Secretary General of the people's Government of the autonomous region, Liang Yong, announced 8 promotion Textile and garment industry Preferential policies for development.

It was announced that the Fifth China Asia Europe Expo, held in Urumqi in September 20th this year, will continue to set up textile and clothing exhibition.

It is understood that in 2015, the central and autonomous regions supported the development of textile and garment industry in Xinjiang with a special fund of 3 billion 280 million yuan, and fixed assets investment in textile and garment industry reached 31 billion 800 million yuan, an increase of 2.3 times compared with 2014, and 97 thousand new jobs were achieved throughout the year. In 2016, the target of fixed assets investment in the textile and garment industry of the autonomous region was 45 billion 500 million yuan, and 110 thousand new jobs were added. Eight preferential policies to promote the development of textile and garment industry

Will Textile and garment enterprises The subsidy period of loan discount and freight subsidy in Xinjiang has been shortened from one year to the first quarter.

To set up a textile and garment industry guide fund with a scale of about 10 billion yuan, and invest in the investment of well-known textile and garment enterprises in the Xinjiang investment enterprises, so as to reduce the financing cost. The NDRC industrial special construction fund has also been tilted to the textile and garment industry. The first batch has supported 7 textile and apparel projects this year, totaling 442 million yuan, and this year there will be 3 batches.

By the state-owned Property Investment Companies owned by the government, in the key textile and garment industrial parks and the towns in the four prefectures of Southern Xinjiang, the construction of standard factories and townships will be used for 3 years.

To set up special funds for the international market development of textile and garment industry, and give special support to export oriented enterprises such as garments and home textiles factories in Xinjiang, and support production enterprises to open up western markets such as Central Asia, Russia and Europe.

To set up a training base for military clothing production technology, and complete the task of directional purchasing of military materials in Xinjiang. To implement interim measures in the area for school uniform, uniforms and tooling.

In the textile industrial city of Akesu, the textile and garment equipment leasing was given a pilot loan discount policy, and was fully promoted in four southern prefectures in 2017.

To give special subsidies to the textile and garment enterprises in the four prefectures of Southern Xinjiang to introduce professionals from the mainland.

Carry out special diagnostic services for garment enterprises, organize experienced professionals from inside and outside to conduct counseling in small and micro enterprises in four prefectures of Southern Xinjiang.