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Fuguniao invests $25 mn on R&D centre

21
Jun '07
Recently, Fuguniao Clothing Co Ltd, a textile and clothing enterprises in Quanzhou City, Fujian Province, has invested US $25 million to set up a research and development center, which is expected to finish by 2009.

Experts believe that, with local SMEs setting up research and development centers one after another, a new round of competition is emerging in the textile industry.

Quanzhou city is known for men's clothing in domestic and international market, these R&D centers would help to create new products and design, improve on production standards and technology index belonging to their own brands.

Fibre2fashion Newsw Desk - China


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