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Underwear Special Fund Established in China

Underwear Special Fund Established in China

Write: Pavi [2011-05-20]

China’s first underwear technology fund, Zhengmintai China Knitting (Underwear) Fund is established recently. It is also the first specail fund in the textile industry of China.

This fund is supported by China Knitting Association. Zheng Mintai, the president of Embry Form Holding Co.,Ltd. donate ten million yuan to the Light of Textile Technology and Education Fund to establishe a special fund for underwear industry. This fund is particularly for the design, technology innovation, equipment research of underwear, as well as the market demand and trend research. It is aimed at improving the R&D power of Chinese underwear industry and construct a platform for its development.

The Zhengmintai China Knitting (Underwear) Fund is a first-ever specail research program which take the design innovation, technological innovation and industrial transformation of underwear from the textile industry. The establishment of this special fund would play a positive role as the stimulus and impetus for the development of Chinese underwear industry.