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Shandong Re-Tailors Textile Industry
Shandong Province in East China has targeted its textile and garment industry as one of the 10 traditional industries for restructuring during the 10th Five-Year Plan (2001-05) period, sources from the provincial government said.
Shandong is one of the major textile industry bases in China. The textile and garment industry is a traditional pillar industry in the province.
Statistics from the province indicate that by the end of 2000, the industry had garnered US$4.7 billion from its exports, accounting for 30 per cent of the total hard currency the province earned in 2000 and becoming the largest earner of foreign currency in the province.
Han Yuqun, deputy governor of the province, said that during the 2001-05 period, the province will stress the restructuring of a group of backbone textile and garment enterprises by applying high and new technologies.
An adjustment in product mix will be the main focus of the restructuring, he said. Four major steps will be taken to achieve the industry goals:
Speed up the development of denim serial garments, Western suits, shirts, knitwear, fashion items and children's garment.
Give full play to famous product producers and bring new vitality to the sector through asset re-grouping and complementary facility renovations.
Continue to carry out the "four-famous" strategy of creating famous brandnames, enterprises, designers and making the city a top garment producer.
Bring forth light, multi-functional and environmentally friendly garments with high quality and high added value.
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