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Xinjiang to introduce 10 year textile plan

Related Keywords: China in its Xinjiang Uygur Autonomous Region, create stiff competition, largest garment export processing base, Pakistani textile sector, planning to introduce ten year, sometimes called East Turkestan, textile development plan, Xinjiang will build largest cotton textile production base

China in its Xinjiang Uygur Autonomous Region — which is also sometimes called East Turkestan is planning to introduce 10 year textile development plan which is likely to create stiff competition to the Pakistani textile sector unlike the China Pakistan Economic Corridor (CPEC) will open new doors of development in Pakistan.

Xinjiang plans 20 bn yuan fund to support textile industry

Related Keywords: cotton growing area, create job, fund, textile development plan, textile industrial parks, Textile Industry, upgrade technology, Xinjiang

China's Xinjiang Uygur Autonomous Region prime cotton-growing area, which produces about 60 percent of China's cotton on less than 40 percent of the country's cotton-growing land, aims to create 1 million jobs in the textile industry within the next decade. To support its textile industry has decided to pump 20 billion yuan (about 3.2 billion U.S. dollars) fund.
 

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