At the end of 2006, in an attempt to transform quantity-based economy into quality-based, the Shishi Government allocated RMB3 million to support the technology projects in textile, garment and shoes industry.
This step will definitely promote local industries.
There are a total of 24 units to take on the first technical projects, including 6 units from textile and dyeing trade, 3 shoes units, 2 from textile machine sector, 2 garment units and 2 chemical units.
The highest support fund is RMB250,000 and the lowest fund is RMB50,000.
In addition, the support fund of the government will gradually focus the advanced technical industries.
Fibre2fashion, News Desk - China
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