Aksu Textile and Garment Enterprise

“The government will give preferential policies to our textile and apparel companies in terms of low electricity prices, taxation, and shipping costs. We must seize this opportunity to vigorously develop production.” On August 10, textile and garment companies will enjoy 10 preferential government benefits. The news that the policy has led to employment has aroused heated discussion among many companies in Aksu Textile City (Development Zone).

In recent days, the autonomous region has issued 10 preferential policies for textile and garment companies, aiming at promoting the employment of ethnic minorities through industrial development. The top 10 preferential policies are: set a special fund for textile and apparel industry development with a scale of about 20 billion yuan, implement special taxation concessions, low electricity price concessions, textile and apparel freight subsidies, use of Xinjiang cotton subsidies, corporate employee training and subsidies, and support We will establish policies for printing and dyeing wastewater treatment facilities, increase support for southern Xinjiang, and increase financial support.

It is reported that at present, Zhejiang Juying Group has extended its garment production. The garment processing production line project newly built and put into operation in July is expected to solve more than 600 jobs. The Aksu Qixin Hosiery Textile Industrial City Standard Factory will also be completed and put into use in mid-August. It is expected that more than 2,000 people will be employed.

According to estimates by professionals, textile and apparel companies are expected to reduce the company’s unit product cost by about 10% through 10 preferential policies. The cost per ton of yarn can be reduced by about 1,000 to 1,500 yuan, and textile companies will usher in a new “spring”.