Zaoyang, major textile-pillared city of Hubei province hailed an overall textile industry output value of 2.9 billion RMB. Long-term target of Zaoyang is to build a textile and apparel cluster scaled in five billion RMB worth of output. Major spinning, weaving as well as garment-making companies would certainly welcome favored policies from Zaoyang government.

Textile industry suffered from devastating impact from the global economy downturn in 2009, but none of the 40 textile and apparel companies in Zaoyang faced line halt or employment cut. Zaoyang Siyuan Spinning Co., td., for instance, invested over three million RMB to upgrade the obsolete spinning frame and induce automatic control equipments in 2009 culminating 130 million RMB of output.

In 2010, local government of Zaoyang would invest a subsidy over 120 million RMB to help local textile companies upgrade their machinery and enlarge their output. 100 thousand of spindles were planned to be induced in 2010 culminating an overall capacity reaching 500 thousand spindles.

Source: China Textile Leader