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Industrial Finance
Jiangsu: Textile Industry Output to Reach 1000 Billion Yuan

Publish Time:2010-09-25

CTEI: Han Qinghua, the vice Secretary General of Jiangsu Provincial Government said in Spet. 10th that the gross output value of textile and garment in Jiangsu was going to reach 1000 billion yuan in this year. This is the third 1000-billion-yuan industry after machinery and electronic industry in this province.

Han said that 12 year ago, the industrial output value of textile and garment were less than 100 billion yuan. Now it was expected to break the threshold of 1000 bilion yuan this year. This meant national per capita expense was about 800 yuan for made-in-Jiangsu textile and garment, and world wide per capita expense for made-in-Jiangsu products was 200 yuan. It��s really an exciting news.

Han also said that textile and garment industry remained the pillar industry in Jiangsu. It also was the first choice for this province to realize the economy internationalization. The export of textile and garment was expected to reached 200 billion yuan this year. Textile and garment industry also a major employment industry. In the 10 million workers in statistics-worthy enterprises in Jiangsu, two million of them worked in textile industry.

It was also an industry for rich-making. In its nearly 10,000 statistics-worthy enterprises, a remarkable number of millionaires came from textile and garment industry.

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