Authorities of Changyi city revealed at a press conference that the proposed China Cotton Textile City will emerge as biggest cotton textile market in the country. They cordially invited an investment of 1.8 billion RMB from the industry to accomplish this project.
Changyi city, which has over 2000 textile enterprises, began setting up this City in 2005, occupying an area of about 1 million square meters. Here, cotton textile, clothing, shoes, caps section and small merchandise can be traded.
The textile city would also contain sections like exposition, logistics, life service, supermarkets.
This place would prove to be a first-class purchasing center and international trade center of cotton textile industry. It is anticipated that the yearly business value of the Textile City would reach 20 billion RMB.
Fibre2fashion News Desk - China
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