&Nbsp, Akesu, Xinjiang, Was Not Flooded With Mountain Flash Floods For 15 Years; Cotton Was Flooded.

In September 20th, reporters learned from the Akesu County, that since 17, heavy rain has occurred in the mountainous area of the county, causing an extraordinary flash flood in 15 years, resulting in an economic loss of about 11000000 yuan and damage to many power supply facilities.

According to the preliminary statistics of the county government, the flash floods caused 5200 acres of cotton in the town of Acai county to be flooded, resulting in a loss of about 4400000 yuan.

As at 17:30 on 20, the flood has caused damage to some parts of the county's water conservancy and power facilities. At present, local farmers are organizing local farmers to remove the floods in cotton fields in time, and pick up them after the weather clears, while water conservancy and power facilities are being repaired.

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From the national textile industry government, associations, financial institutions and business representatives gathered in Shihezi, Xinjiang, to participate in the theme of "adjustment and pfer development" of the 2010 China Cotton Textile Forum.

The participants agreed that the development of China's cotton textile industry has reached a critical historical period of structural adjustment. The new round of large-scale aid to Xinjiang has brought tremendous opportunities for development, and the cotton textile industry is also facing new opportunities for development.

The cotton textile industry association hopes that the textile industry will develop relatively mature provinces and cities, mobilize local textile enterprises with strong strength to invest and build factories in Xinjiang, increase investment in knitting, weaving, clothing, home textiles, printing and dyeing, and form a complete textile industry chain in Xinjiang, and produce high-end textile products with high added value.

Participants analyzed and judged the trend of China and the international cotton market, and set out from their respective fields to make suggestions on how to pform China from a big textile country to a strong textile country.

Sun Huaibin, director of the economic research center of the China Textile Industry Association, pointed out that the export of China's textile industry increased by 23% in the 1-7 months of this year, but the recovery was still low because of the lower base last year.

Du Yuzhou, President of the China Textile Industry Association, said that although the product structure of our cotton textile industry has undergone great changes in recent years, there are still many problems at present, such as the rising cost of raw materials and labor, the increasing cost pressure of textile enterprises, the obvious trend of polarization in the industry, and the lack of effective corporate benefits, which restrict the development of the industry.

Due to rising costs and environmental constraints, the decline in competitiveness of the mainland textile industry has become an indisputable fact. China's textile industry has come to a critical period of restructuring, upgrading of industries and pformation of development mode. As a western cotton producing area and a high quality cotton production base, Xinjiang has become a hot area to undertake the pfer of the mainland's cotton textile industry in the context of Xinjiang's great construction, opening up and great development.

To this end, Du Yu Cho hopes to convene a forum in Shihezi, Xinjiang, to attract more sophisticated textile and economic development of the provincial and provincial cotton textile enterprises to further understand Xinjiang, invest in factories in Xinjiang, increase investment in knitting, weaving, clothing, home textiles, printing and dyeing and industrial textiles, and form a complete textile industry chain in Xinjiang.

The industrial and consumer products division of the Ministry of industry and information technology pointed out that the pfer of backward production capacity and excess capacity in the process of industrial pfer should be based on the principle of high starting point undertaking and orderly undertaking, so as to achieve the goal of optimizing the regional industrial structure.

At the same time, Shihezi was awarded the "China's cotton and textile city" by the China Textile Industry Association. It is also the fifth city in the country to win the famous cotton textile city.

Shihezi is an important cotton producing area and textile industrial base in Xinjiang.

At present, the total scale of cotton textile spindles has been put into operation and built in Shihezi is nearly 3 million spindles. By the end of this year, the production capacity of 200 thousand tons of cotton yarn, 8 million meters of household textiles, 20 million tons of yarn dyed shirt fabrics, 8300 tons of towels and 20 million meters of clothing fabrics will be formed by the end of this year.

During the meeting, Shandong Ruyi group and South Korea SamSung products (Hongkong) Co., Ltd. jointly invested 2 billion yuan in the "Ruyi spinning" industrialization project held the foundation stone ceremony.

Shandong Ruyi (15.80, -0.67, -4.07%) group has 20 wholly owned and holding subsidiaries. It is a well-known innovative technology textile enterprise in China. Its self-developed "Ruyi spinning", namely efficient short process embedded composite spinning technology, has broken through the high limit of product grade and quality, and has obvious advantages of high efficiency, low consumption, energy saving and short flow.

The "Ruyi spinning" industrialization project started in Shihezi includes an annual production of 6 million meters of high-grade worsted fabric items, with an annual output of 1 million 500 thousand sets of high-end suits, with an annual output of 30 million meters of high-grade dyed fabric and 10 million sets of high-grade non iron shirts.

After the project is completed, the annual sales income can reach 4 billion yuan, and the profits and taxes will be 900 million yuan, so as to solve the employment of nearly 5000 people.

The Shihezi municipal government and Shandong Ruyi group jointly established the Xinjiang Ruyi superfine wool Science Research Institute, and used life science and gene improvement technology to cultivate China's super fine wool sheep.