Even though Provinces like Shandong, Jiangsu and Zhejiang have dominated the industrial arena, Fujian province is also planning to enter the fray with a major expansion of products.
Three big textile and apparel industrial zones, Quanzhou, Changle and Xiamen form the 80 percent of Fujian's total industrial output.
As per the estimates of Fujian Textile Industry Association, the output fixed asset investment of man-made fiber will reach 40 billion Yuan in the next five years, a growth of 150 percent whereas cotton capacity is expected to grow 10-15 percent yearly in the next five years.
Other sectors like knitting, dying and finishing and apparel are expected to rise at 15.2 percent, 13-18 percent and 18-23 percent respectively. Apparel sector has also set target of developing five international, 40 national and 120 local brands.
Huge fixed asset investment has fuelled the expansion in Fujian. Planned fixed asset investment in Fujian was 29.88 billion Yuan in July, going pass the investment figures of Guangdong.
The huge investment is now bearing fruit with the new capacity coming on line. Yarn output reached to record levels of 1,579,700 tons in August becoming the fifth largest yarn producing province.
Yarn production also improved in the areas like Shandong, Jiangsu, and Henan by 42.2 percent, 59.9 percent and 39.9 percent respectively. Production of yarn in Xinjiang registered more than double growth at 48,500 tons.
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