Home / Knowledge / News / Information Technology / Govt offers funds to pace up innovation in SMEs
Govt offers funds to pace up innovation in SMEs
21
Jan '08
The Ministry of Science and Technology of China, on January 17, presented Textile Industrial Annual Innovation Prize for 2007. Each year the Government commends the people or enterprises who are engaged in any kind of innovations. The undersecretary of Ministry of Science and Technology was present at the ceremony.

According to experts small and middle enterprises (SMEs) are considered to be the backbone of Chinese textile industry. The Government tries to encourage these enterprises to develop new products by honouring new inventions and also offers innovation funds so as to quicken the development of new technologies.

Du YuZhou, the Chairman of China National Textile and Apparel Council (CNTAC), said that the organization has decided to sketch a science and technology development program, which would introduce innovative techniques, materials and equipments to the enterprises in near future.

This would further help in promoting the textile industry to achieve the innovations like energy-saving and abatement technologies in the printing, dyeing and chemical fibre industry.

Fibre2fashion News Desk - China

Must ReadView All

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...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Apparel/Garments | On 20th Jan 2017

Nine West acquiring womenswear marketer Kasper Group

US based footwear, accessories and denim company Nine West Holdings...

Interviews View All

Amrit Sethia
SOIE

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

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Paolo Ocleppo
Sandvik Hyperion

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Yash P. Kotak
Bombay Hemp Company

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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