china\s industry needs policy support
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

China's industry needs policy support

Arab Today, arab today

Arab Today, arab today China's industry needs policy support

Beijing - XINHUA

China needs to introduce the relevant policies to subsidize and support the growth of the garment industry, a deputy to the National People's Congress (NPC) said Wednesday. Gao Dekang, who is also the chairman of Bosideng Group, China's largest maker and distributor of down clothing, made the remarks during an exclusive interview to Xinhuanet. "Since the reform and opening up, China has witnessed a rapid growth in economic progress and workers' salaries... This heightens the cost of the processing industry. Therefore, some small and mediumsized enterprises can no longer survive or buy better equipment." he explained. "It is not surprising that more and more enterprise orders flow to countries like Cambodia and Vietnam, which boast low labor costs." Gao said. As a two-termer of the National People's Congress, Gao considered his title an honor and a responsibility at the same time. He sees it as his duty to make the voices of both the public and the central government are heard. Gao submitted two proposals this year, concerning the development of labor-intensive enterprises and the protection of ancient cities.

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