According to the Economic and Trade Commission of Jiaxing, the output value of textitle industry in Jiaxing reached 83.41 billion RMB (approximately $12.63 billion ), rising by 35.8% over the same period last year and rated the most competive industry in Jiaxing.Municipal Economic and Trade Commission official said the textile industry is a clear competitive advantage in our city industries, but also to enhance the development of the city's traditional industries, in the future from the "driving factor" to "innovation-driven" transformation.
The major official from the Municipal Commision of Economy and Trade of Jiaxing commented that textile industry, though a conventional industry, has been recognized as an industry with obvious competiveness after efforts were taken to upgrade it. It was added that the economy of Jiaxing should be upgraded from factor-driven orientation to innovation-driven orientation.
"The policy of expanding the demostic demanding taken by the central government has provided market for the textile industry's reconstucturing"The official also told reporters that one reason for the development of textile industry is that , high-performance fiber and composite materials are both important components of strategic industries, and the second reason is that new type of energy, environmental protection and biological medicine, have accelerated the development of other relevant industries, as a result increasing significant ly demand for new material of textile fibers and textiles.
Accordingt to the heads of relevant department of Xiuzhou district, the textile fabrics from this district have been widely used in such areas as garments, bollards advertisement, automobile interior trim and aero-space. They will expand to new areas like medical, health, transportation, construction and other high-quality textile fabric, which surely has greater potential market.