Home / Knowledge / News / Textiles / Govt orders 2,087 firms to shut obsolete production facilities
Govt orders 2,087 firms to shut obsolete production facilities
Aug '10
As an effort towards improving the energy efficiency in the country, China's Ministry of Industry and Information Technology has notified more than 2,000 firms to clean up or shut down obsolete production facilities by September end.

As per a senior official from the Ministry, old capacities consume huge amounts of power, pollute the environment and are hazardous with respect to safety. He further added that, such facilities reflect rudimentary and quantitative mode of China's economic growth. More over, they are also a reason for inferior quality, inefficiency and weak competitiveness of the country's economic development.

Any firm that fails to follow government's directives will have to do away with their waste disposal licenses and they will also not receive government's approval for new projects and bank loans.

Although, in 2005, Chinese government had vowed to improve the energy efficiency by 20 percent by 2010 end, it is still struggling to meet its target. After reducing the power intensity by 14.4 percent in 2009, it seems like the intensity has risen by 0.9 percent during the first half of 2010, as China's quench for energy resources continues to rise.

With the new interference by the government, it seems like government is headstrong towards achieving its target by year end.

The 2,087 firms under threat of being shut down, fall under the 18 industries namely textile printing and dyeing, leather, chemical fibre, ethanol and the like. Most of the firms included in the list too are small to medium-sized private firms, informed the ministry.

Fibre2Fashion News Desk - India

Must ReadView All

Digital textile printing sector to grow by 20% by 2020

Textiles | On 18th Jun 2018

Digital textile printing sector to grow by 20% by 2020

The digital textile printing sector is expected to have a compound...

Courtesy: Hela Clothing

Apparel/Garments | On 18th Jun 2018

Hela's latest label revolves around underwear, sleepwear

The latest collection of Sri Lanka’s Hela Clothing is revolves mostly ...

Kenya levies higher duties on mitumba import

Apparel/Garments | On 18th Jun 2018

Kenya levies higher duties on mitumba import

Kenya’s treasury secretary Henry Rotich recently raised the duty on...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search