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Quality investment gets a boost in textile

07 Aug '06
1 min read

Quality of Chinese textile has improved substantially with focus shifting on investment in technical equipments and not the simple, low level quantity rise.

In the first half of the year, textile fixed assets increased by 40.6 percent with a significant rise in clothing trade, textile equipment and silk trade as their biggest contributors.

The Government has been focusing on encouraging new independent innovative capability and technological advancement.

There are 38,000 big textile units in China and their growth rate is 15.29 percent.

Fibre2fashion, News Desk - China

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