Project Name: Annual production of 300,000 medium and high-end suits in Shihezi Economic and Technological Development Zone
Release Date: 22th August, 2018
Investment Mode: Sole proprietorship
Industry: Manufacturing, Textile and apparel, apparel industry
Location: Xinjiang Uygur Autonomous Region
Project validity period: One year
Total amount of project capitals: 120 million US dollars
Project Description:
Basic situation: At present, China’s garment production and export volume rank first in the world, and it is a well-deserved clothing country. It is expected that domestic consumption demand and export demand will continue to show steady growth in the next few years, and the development prospects of China’s garment industry are promising.
Xinjiang is the main producing area of cotton in China, with an annual output of 3 million tons of cotton, accounting for about 40% of the national cotton production. With an annual output of 350,000 tons of high-quality fine cotton and colored cotton, Shihezizi District is an important high-quality cotton production base and cotton textile industrial base in Xinjiang. The “Yilili” brand cotton produced by the company is one of the famous domestic cotton brands.
The cotton textile industry in Shihezi City has developed rapidly in recent years. Now it has a spindle spindle size of 2.5 million spindles, forming a complete industrial chain of spinning, weaving, printing and dyeing and garments. At present, there are more than 18,000 employees in the local textile industry, including technical management personnel. More than 1,200 people have the foundation to develop the textile and garment industry. This medium and high-end suits project can give full play to the advantages of Xinjiang textile and garment industry policy and Shihezi’s good textile industry foundation, actively introduce foreign and foreign funds, and adopt international advanced production technology and equipment to build medium and high-grade suit production projects.
Information Source: Ministry of Commerce Public Services
