Xinjiang Set Up 20 Billion Yuan Special Fund To Develop Textile Industry

< p > > the world's < a href= "//www.sjfzxm.com/" target= "_blank" > clothing < /a > a href= "//www.sjfzxm.com/" target= "//www.sjfzxm.com/" > shoes < < hat net "Xiaobian, we are introducing Xinjiang to set up a special fund of 20 billion yuan development.

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< p > 18, Yan Qin, Deputy Secretary General of the the Xinjiang Uygur Autonomous Region government, revealed in Beijing that the autonomous region will set up a special fund of about 20 billion yuan for the development of textile and garment industry, and implement a series of preferential policies to promote the development of the textile industry. By 2018, Xinjiang's cotton spinning capacity will reach 13 million yuan, the total output value of textile and garment industry will reach 86 billion yuan, and the total industrial chain's employment capacity will reach 420 thousand.

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< p > the second central Xinjiang work forum held in May this year pointed out that under the current situation of heavy maintenance of social stability in Xinjiang, employment must be promoted as a permanent cure for maintaining social stability and achieving long-term stability, and solving the employment problem of all ethnic groups, especially those in southern Xinjiang.

As the largest cotton production base in the country, Xinjiang will develop the strategic choice of "a href=" //www.sjfzxm.com/news/index_c.asp "> textile and garment industry < /a > to achieve large-scale employment." opinions on developing the textile and garment industry to promote employment "have been formulated, and the outline of developing the employment plan for textile and garment industry (2014 - 2023) has been formed.

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< p > according to the outline, Xinjiang's development of the textile and garment industry to promote the employment target is divided into two stages: the first stage, from 2014 to 2018, the total output value of the textile and garment industry reached 86 billion yuan, and the total industrial chain's employment capacity reached 420 thousand.

In the second stage, from 2019 to 2023, the total output value reached 212 billion 500 million yuan and the employment capacity reached 1 million.

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< p > Yan Qin said, "a href=" //www.sjfzxm.com/news/index_p.asp "> Xinjiang < /a > has issued a series of supportive policies. In addition to the special fund of 20 billion yuan, special preferential tax policies, preferential tariff policies for low prices, textile subsidy policies, Xinjiang Cotton Subsidy Policy, enterprise staff training subsidy policy and enterprise social security subsidy policy have been implemented, and 3 years old pension insurance allowance for the newly recruited Xinjiang employees has been granted by the enterprise for 50% of the basic old-age insurance premium actually paid by the enterprise.

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