It is learned in Linhe District Economy & Technology Development Area of Bayanur city, Mongolia that the cashmere spinning project invested by Wexin Cashmere Co., Ltd and Italy Zuofiao Cashmere Co., Ltd is being constructed. With total investment of RMB50million Yuan, this project is expected to produce 100 ton cashmere tops annually, 200 tons cashmere spinning annually and generate 0.38billion production value annually. It is also forecasted that the top 120 gaugue spinning can produced, breaking the record of 100 gauge spinning.
It is introduced that China Cashmere City is built in Linhe District and the important economical sphere for cultivating goat and producing high quality cashmere have been formed ,which can produce over 3000 ton cashmere , accounting for 1/5 of world output. Weixin Cashmere Co. is appraised as Leading enterpise by China State Agricultural Ministry.
