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Premier: Textile Industry will Overcome the Difficulties

Premier: Textile Industry will Overcome the Difficulties

Write: Mordred [2011-05-20]

Oct. 27, Moscow. Premier Wen Jiabao made an interview regarding the current global financial crisis during his visit to Russia. He pointed out that China had adjusted the marco-economy policy in time and was going to further extend its domestic demand.

During this interview, Premier Wen talked about the development of textile and apparel industry. He said, "I read an article from Xinhua News Agency which reported how the textile and apparel industry in Shaoxing, Zhejiang Province, responded to the financial crisis. I am very impressed and write down a few words that the news looks like a warn air in such a cold temperature caused by global financial crisis. The textile and apparel industry is the backbone of national economy. The government is to support it and the enterprises will overcome the difficulties and make a further development. Innovation is the key to improve its competitiveness."