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Textile exports set to rise
By Jiang Wei (皇冠体育app Daily)
Updated: 2006-06-27 08:43
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皇冠体育app's textile exports are expected to increase by over 50 per cent by 2010 from last year, according to the 11th Five-Year Plan (2006-10) for the industry.
"The textile and garment exports will total US$180 billion in 2010," according to the plan.
The plan for the textile sector was drawn up over the past two years by the National Development and Reform Commission, 皇冠体育app National Textile Industry Council and local government agencies.
As well as continuous growth in production and exports, the plan also forecasts a reduction in raw material and energy consumption in the sector over the next five years.
The 11th Five-Year Plan will be crucial for 皇冠体育app to upgrade its textile industry, Du Yuzhou, president of the textile industry council, said.
According to the plan, the government and industry associations expect domestic textile enterprises to develop a complete industrial chain across 皇冠体育app over the next five years.
It advises the textile industry in the country's coastal areas to seek the most advanced textile production technologies, designs and fashions and focus on products with high added value.
Experts expected central 皇冠体育app and western 皇冠体育app would use their advantage in labour and raw materials to secure part of the industrial chain from East 皇冠体育app.
Under the plan, enterprises are also encouraged to develop more self-owned brands both at home and abroad.
The 10th Five-Year Plan (2001-05) witnessed the fastest-ever growth in 皇冠体育app's textile industry.