Xinjiang receives fund for textile and clothing industry

Northwest China's Xinjiang Uyghur Autonomous Region plans a fund of 20 billion yuan ($3.2 billion) to support the textile and clothing industry, officials said Friday.

The fund will be part of a package to raise employment and incomes and maintain social stability, Yan Qin, deputy secretary-general of the Xinjiang regional government, told reporters in Beijing.

The central government will contribute part of the fund and Xinjiang will raise the rest.

Apart from funding textile industrial parks and clothing factories, Xinjiang will subsidize local cotton and electricity in qualified textile industrial parks. The region will adopt strict environmental protection standards and control energy consumption during the process.