Xinjiang Branch Of The Import And Export Bank Takes Measures To Actively Support The Development Of The Real Economy Of The Textile And Garment Industry.

In recent years, the Xinjiang branch of the import and Export Bank of China has conscientiously implemented the guiding opinions of the general office of the State Council on supporting the development of Xinjiang textile and garment industry to promote employment, and the relevant policies of the autonomous region supporting the textile and garment industry, deeply understanding the policy intentions of the central and autonomous regions in developing the textile and garment industry, giving full play to the policy financial advantages, taking measures to support Xinjiang's textile and clothing real economic development.

Kuitun reclamation area is one of the important cotton producing areas in Xinjiang.

The Xinjiang branch of the import and export bank aims at the large textile industry project in the area, innovating the business support mode, and supporting the Tianhong Group in the Kuitun Dushanzi economic and Technological Development Zone to build the 1 million spindles textile project of Xinjiang Tianhong base textile Co., Ltd. through mutual linkage with the import and export Bank brothers branch.

At the same time, the Xinjiang branch of the import and export bank has constantly increased the marketing efforts of textile and garment enterprises, supporting the textile and garment industry entities to blossom everywhere in the north and south of Tianshan Mountains.

In the northern Xinjiang cotton producing area of Shihezi, the bank supports Xinjiang Ruyi textile and garment company to upgrade its textile products, and applies various financial instruments to support the imported raw materials of Xinjiang's Korla textile products in the economic and Technological Development Zone of Xinjiang.

Since its establishment, the Xinjiang branch of the import and export bank has issued a total loan of 5 billion 285 million yuan to the textile and garment industry entities in Xinjiang, and has played a positive role in supporting the development of the textile and garment industry in the autonomous region.

(He Wei)