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Xinjiang textile attracts huge investments in 2006

14
Apr '07
According to the statistics of Xinjiang Uygur Autonomous Region Economic and Trade Commission, Textile Industry of the province completed an investment of 1.77 billion yuan in fixed assets in 2006, an increase of 18 percent.

The investment from Hong Kong and inland provinces accounted for 85 percent of the total.

According to preliminary statistics, the total funds utilized by Xinjiang textile industry from outside the Autonomous Region exceeded 1.2 billion yuan last year.

A number of key projects have promoted the development of textile industry here.

Fibre2fashion, News Desk - China


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