Home / Knowledge / News / Premier Wen Jiabao spells out three mantras for survival
Premier Wen Jiabao spells out three mantras for survival
18
Feb '09
Premier Mr Wen Jiabao
Premier Mr Wen Jiabao
Recently the State Council of China has promulgated a series of industrial restructuring and revitalization plans which includes labour intensive and high export potential industries like textile apparels, iron and steel, automobile and equipment manufacturing. The Premier Mr Wen Jiabao, concerned about the impact of these plans on corporate development decided to get a first hand view of the effect.

On the morning of February 15, the Premier visited the new textile industry park in Tianjin and enquired about the sales position in one of the companies, to which the Chairman of the company replied by saying, “January sales grew by 0.3 percent and the company has new orders extending up to March”. The introduction of new measures has however instilled a confidence in the producers, added the Chairman.

While addressing a delegation of the park members, the Premier said that the textile industry is one of the traditional pillars of China's economy and at the same time provides employment to millions of people. Other than the government providing requisite support, the industry should work together and face the crisis unitedly. In his speech he put forward three expectations from the industry.

First, he said, companies should carry out timely adjustment of product mix as per requirements of domestic and international markets. Second, enterprises must strive to improve product quality, reduce costs, and improve competitiveness. Third, enterprises should tap both domestic and export sales, and actively explore new diversified markets. All these three if implemented, would help companies cruise through the crisis.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search