Xinjiang'S Financial Industry Promotes Pformation And Upgrading Of Textile And Garment Industry

Since 2014,

Since the industry has promoted employment, it has held two gold enterprises docking meetings, with the contract amount reaching 3 billion 200 million yuan and 4 billion 600 million yuan respectively.

However, considering the fact that our textile and garment industry is still in the initial stage of development, the financial support is very difficult because of the small scale of capital, the high access conditions and the lack of financial innovation products.

Industrial upgrading and development are particularly important.

Financial support lays the foundation for enterprise development

At the end of the Golden Enterprise docking conference, the Xinjiang Tianhong foundation Textile Co., Ltd., which was settled in Kuitun in May last year, signed a loan of 150 million yuan with the Bank of China, Xinjiang branch, which made the financial director of Tianhong foundation, Lu Rong, very excited. "The government has built a docking platform for the enterprises and the financial industry, which has taken the" reassurance "for the current development of enterprises and the further expansion of the scale in the future.

Tianhong foundation is a wholly owned subsidiary established by Tianhong Textile Group, with a total planning of 1 million spindles and a total investment of about 5 billion yuan. After completion, the annual output will reach 200 thousand tons, combing and semi combing.

Spandex core spun yarn and other products drive 5000 people to work.

The project started construction at the end of June last year and was put into operation in December of that year.

"Enterprises can achieve the expected goal of construction and commissioning in those years, and related to the strong support of financial institutions and government."

Lu Yourong said that the Tianhong basic spinning project was short from decision making to construction and commissioning period, and the fund during construction period was extremely tense. The situation was alleviated because the financial institutions gave the company 1 billion 25 million yuan of credit support.

Tianhong foundation is just a microcosm of our financial support for the development of textile and garment industry.

Song Tao, vice president of the Xinjiang branch of Bank of China, said that for the planning requirements of the "three cities, seven gardens and one center" in the autonomous region, Bank of China has listed Akesu, Shihezi and Bayinguoleng Mongolia Autonomous Prefecture as the focus areas for the development of the textile industry.

In addition to the rainbow foundation, it also deals with Akesu Huafu color spinning Co., Ltd. and Dong Chunxing, Xinjiang.

Ltd and other major textile enterprises give full support to financial services.

By the end of 2015, the Xinjiang branch of Bank of China has 276 with the territory.

The business customers have carried out business cooperation and approved the total amount of credit for 31 enterprises.

The total input of credit funds was 1 billion 838 million yuan, an increase of 19.04% over the same period.

At the meeting, we also disclosed that in 2015, the banking institutions in our region put in a total of 10 billion yuan in loans for textile and clothing industry for the first time, and the total amount of money was 13 billion 619 million yuan in the whole year.

At the end of last year,

The balance of industrial loans was 9 billion 144 million yuan, an increase of 3 billion 789 million yuan compared with the beginning of the year, up 70.75% from the same period last year.

This year, our district

Industrial credit continued to maintain rapid growth momentum, as of the end of 3, Xinjiang textile

The loan balance was 11 billion 279 million yuan, an increase of 2 billion 135 million yuan compared with the beginning of the year, an increase of 5 billion 732 million yuan compared with the same period last year, and the growth rate reached 103.3%.

There are many operational problems in reality.

"We really feel that since last year, a series of policies promulgated by the state and autonomous regions are genuine gold and silver, which are very beneficial for enterprises to enter Xinjiang and develop."

Liu Xinpu, chairman of Jinghe Hongyu Textile Co., Ltd.

But at the same time, he also said that the original plan of Hongyu textile was built in 300 thousand phases. If there is financial support, enterprises can achieve 600 thousand spindles.

Jie Liya is the leader of the towel industry in China. Its base in Xinjiang is located in Alar City. It started construction in 2011. In September 2015, the annual output of ten thousand tons of towel whole industrial chain production line was officially put into operation in September 2015.

At present, the two phase of the project is being actively promoted. In 2016, it plans to invest 1 billion 474 million yuan to increase the output of towels by 20 thousand tons and build corresponding supporting facilities.

After the project is completed, the annual output value will be more than 3 billion 500 million yuan, and the annual profits tax will be 3 to 500 million yuan.

Faced with such a strong momentum of development,

Shi Changjia, chairman of the board of group limited, is not relaxed.

He admitted that under the support of the national policy background, Xinjiang was developing textile.

Faced with unprecedented opportunities, but in the actual operation process, financing difficulty is still the main factor restricting the development of enterprises.

Most textile enterprises still face many difficulties in financing loans, such as small financing channels, high threshold, strict censorship, long process and so on.

"Taking the Xinjiang project of the clean city, the project started construction in 2011 did not solve the first period of 520 million yuan of equipment loans until the second half of 2014.

The two phase still needs to provide collateral for project assets such as plant buildings, land and so on, plus a full coverage guarantee for headquarters, which also includes unlimited liability for personal life. "

Shi Changjia said that the total amount of financing for the two phase of the project was 1 billion 20 million yuan, and it also faced the problem of insufficient financing Mortgage. It was necessary to assess the trademark "Jie Lai Ya" and use it to mortgage to meet the conditions of financing Mortgage.

Xinjiang Sheng Dachang

Yue Jingliang, chairman of the Company Limited, also said that it would slow down its pace and keep pace with the planning itself.

It is hoped that through the joint venture between enterprises and enterprises, the financial sector can conduct all-round and multi-level cooperation with enterprises, and formulate diversified policy options for the financing needs of enterprises.

Comprehensive measures to expand financing channels for enterprises

Although textile

Enterprises are crying out for "blood", but the vitality of our textile and garment industry has not been ignored.

Since the second central Xinjiang work forum, the central and autonomous regions have issued a number of preferential policies with high gold content and great intensity, which greatly promoted the development of the textile and garment industry.

Data from the office of the leading group of the development of textile and garment industry in the autonomous region showed that 382 new textile and garment enterprises in Xinjiang last year, and 3 million 460 thousand new spindles of cotton spinning capacity.

New capacity of 90 million 520 thousand units (sets).

Above the scale of the whole district

The total profit of enterprises was 1 billion 460 million yuan, an increase of 1.6 times compared with that of the previous year. The value added tax should be paid 567 million yuan, an increase of nearly 1 times over the same period last year.

97 thousand new jobs were created, which initially formed the employment chain of textile and garment industry.

The textile industry has become the highlight of the investment in manufacturing industry in our region. The textile and garment industry has become one of the main channels for the region to absorb employment.

But that does not mean neglecting.

It is difficult for enterprises to raise funds and cost.

Our district

The industrial chain is mainly made of yarn and cloth based primary products, and is restricted by the small scale of capital, the high access conditions and the imperfect risk compensation mechanism, and so on. The role of credit guarantee service has not been fully realized.

How to make up? Increase financial support for the development of textile and garment industry.

According to the meeting, the financial institutions should further develop their ideas, innovate their financial products and services, implement differentiated credit support policies, take measures in a comprehensive way, and expand the financing channels of enterprises on the basis of summing up their previous experience.

The relevant departments of the autonomous region should decompose the tasks of supporting the textile and garment industry one by one, and come up with practical and feasible work plans.

We should press ahead with implementation.

Bai Xueyuan, member of the Xinjiang branch of the Agricultural Bank of China and vice president of the Agricultural Bank of China, said it would increase the direct financing by innovating financing methods.

The strength of capital service can effectively reduce the capital cost of enterprises.

We should carry out the preferential policies of the yuan, which is issued by the head office, and increase the intensity of credit, so as to effectively alleviate the financing difficulties of enterprises.

Giving full play to the advantages of "urban and rural linkage" to support the characteristics of counties and townships in southern Xinjiang

Industrial development promotes local population's employment in the near future.

At the same time, we have accelerated the examination and approval.

The loan of enterprises provides better support and guarantee for the development of enterprises.

Li Shaofeng, deputy director of the Finance Office of the autonomous region, said that the next step will be to urge the financial institutions to carry out the implementation of the projects and speed up the funding of the funds with relevant departments, so as to give full play to the role of Finance in supporting the textile and garment industry.