Why did Xinjiang's textile and clothing develop so rapidly?

According to statistics, Xinjiang textile and apparel industry has accounted for 5% of GDP in Xinjiang, accounting for a quarter of Xinjiang's industrial investment, stimulating the proportion accounted for 20% of new jobs. On average, 2.5 companies settled in Xinjiang every day , and textile and apparel companies across the country flocked to the area. Why did Xinjiang's textile and clothing develop so rapidly?

 

I. Resource advantages

1. Adequate raw material resources

As Xinjiang's largest commodity cotton production base, Xinjiang's cotton production has affected the nerves of textile enterprises in Xinjiang and even the whole country. In 2015, Xinjiang's cotton production already accounted for about 63% of the country's total. The production of cotton in Xinjiang also led to the growth of production of viscose staple fiber in Xinjiang. In 2015, the output of Xinjiang viscose staple fiber was 490,000 tons, accounting for about 16% of the country. The use of viscose staple fiber in Xinjiang has grown rapidly.

2, cotton prices

Impact of the cotton circulation system reform. The Chinese cotton market has been regulated, and textile companies have used cotton prices under government control in many stages.

Gaining savings and subsidies, gradually participate in market competition. Since the implementation of the cotton target price reform pilot in Xinjiang for three consecutive years since 2014, the income of cotton farmers has gradually been guaranteed. The market concept of enterprises in the cotton industry chain has been strengthened, and the difference between cotton prices inside and outside China has gradually narrowed.

3, investment and production and sales

At present, Xinjiang's total output of cotton spinning is approximately equivalent to about 10-12 million spindles (equipment installation diameter). In 2015, the output of Xinjiang yarn was 600,000 tons, which accounted for about 3% of the national yarn production. The conversion rates of cotton and viscose staple fiber in situ were respectively 15%, 21% or so. According to the data of relevant departments in Xinjiang, in 2015, Xinjiang yarn had a profit of approximately RMB 1 billion. According to the China Cotton Association, more than 90% of the Xinjiang yarns are sold to the original market of Xinjiang investment companies for further processing.

Second, policy advantages

One and eight preferential policies

In March this year , Xinjiang launched eight preferential policies to promote the development of the textile and garment industry: the subsidy cycle of loan discounts for textile and apparel companies and subsidies for Xinjiang's shipping costs has been shortened from one year to the first quarter, further improving the efficiency of subsidy funds and reducing production costs. . Through these various support measures involving funds, talents, and markets, we will attract the “western move” of the textile and garment industry, increase the level of service for textile and garment companies, increase the production efficiency of the textile industry and stimulate employment in Xinjiang.

Second, the "One Belt and One Road" strategy

The geographical environment in Xinjiang and the country’s development of the “Belt and Road” strategy; the central government supports the development of textile and garment industries in Xinjiang is conducive to the development of the textile industry in Xinjiang; in addition, the impact of the economic environment, the need for upgrading and transfer of mainland industries also promoted textile The development of clothing.

Editor's Note: 10% for the low-profit textile and apparel industry has been a huge temptation, which also strengthened the confidence of mainland enterprises to Xinjiang investment. The entry of large enterprises and the construction of a high starting point; only follow the laws of the market, scientific planning and development, and maintaining policy stability; improve Xinjiang cotton quality and adjust product structure. Give full play to Xinjiang's location, resources, and policy advantages, increase the comprehensive competitiveness of the cotton textile industry, and help China achieve the development goals of strong textile countries.

 

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