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China Considering Textile Industry Fund

12-17 17:14 Caijing Magazine

Full article in Chinese: http://www.caijing.com.cn/2008-12-16/110039784.html

* China Considering Textile Industry Fund

China may set up a fund to support the country's distressed textile industry. Caijing learned that the China Textile Industry Association has submitted a proposal to the National Development and Reform Commission to set up a special fund aimed at supporting upgrades and structural adjustments, in order to help the industry to revive. 

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