XinJiang cotton market attracts dealers of ZheJiang
19 Apr '06
1 min read
Dealers from ZheJiang province have begun to invest in XinJiang cotton market. So far, the total amount of investment has reached over Rmb 10 billions.
Xinjiang province is well-known as the cotton production base in China. Local government supplies quality cotton with lower export duty and sales tax.
Xinjiang province is strategically located near many other countries; this is a blessing for many local manufacturers to exports their products easily to those countries.