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Fuguniao invests $25 mn on R&D centre
21 Jun '07
1 min read
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.
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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