[Xiangyang government network news] in August 30th, the Municipal Bureau of Commerce and credit informed the present situation of the development of the textile industry in the city at the conference of "the promotion of intelligent manufacturing and marketing cooperation in the textile industry of the city". At present, the whole city has 3 million 100 thousand spindles and 44 thousand looms, producing 710 thousand tons of yarn, 2 billion meters of grey cloth and 140 million pieces of garments. In 2018, the total output value of the textile industry was 58 billion yuan, up 11.1% over the same period last year, and the comprehensive strength ranks first in the province.

Xiangyang has a total of 280 Textile Enterprises above Designated Size, absorbing more than 40 thousand of the labor force, creating nearly 700 million yuan for the fiscal revenue, and providing 900 million yuan for the workers.

As a traditional industry, the textile industry has become a pillar industry in the whole city. Under the influence of the international environment, the production and operation of enterprises are facing unprecedented challenges. Where should we go in the future? How to survive and seek development in adversity is a serious lesson for all people.

On behalf of the exchange and interaction of enterprises, the heads of enterprises share their successful experience in production and marketing cooperation, intelligent textile project planning and construction, and enterprise management in combination with their own realities. Experts in the industry also focus on the intelligent production, information management and flexible production of textile industry.

At the meeting, Jihua 3542 Textile Co., Ltd. and Yicheng Tianshu Textile Co., Ltd. signed a cotton production and marketing cooperation agreement of 600 tons and worth 17 million 400 thousand yuan. Hubei Galaxy textile Limited by Share Ltd and Xiangyang Tai Ming Industrial Co., Ltd. signed 1200 tons of cotton yarn purchase and sale contracts worth 28 million 100 thousand yuan.