Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
China's cabinet announces three-year stimulus plan for textile sector
Adjust font size:

China's State Council, or cabinet, Friday unveiled a detailed, three-year support plan for the textile industry.

The Council said the plan was intended to ensure stable development in the industry and upgrade its structure.

The plan said the annual production of large textile enterprises (with annual revenue of more than 5 million yuan or 732,000 U.S dollars) was expected to rise to 1.2 trillion yuan by 2011 from 850 billion yuan in 2008.

Since January, China has announced stimulus plans for 10 industries, including vehicles, steel, shipbuilding, textiles, machinery, electronics and information technology.

(Xinhua News Agency April 24, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Pet Name
China Archives
Related >>

Apr. 11-12, Beijing The Fifth (2008) 'Gold Prize of Round table'of Chinese Boards of Listed Company
Apr. 17-19, Hainan The Boao Forum for Asia Annual Conference 20
Apr. 20-23, Beijing Green Transformation: Forcast New Business Culture
Apr. 27-28, Beijing China Institute Executive Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?