Dealers from ZheJiang province have begun to invest in XinJiang cotton market. So far, the total amount of investment has reached over Rmb 10 billions.
Xinjiang province is well-known as the cotton production base in China. Local government supplies quality cotton with lower export duty and sales tax.
Xinjiang province is strategically located near many other countries; this is a blessing for many local manufacturers to exports their products easily to those countries.
Fibre2fashion News Desk - China
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