China Development Bank Xinjiang Branch helps cotton textile enterprises develop high-quality development
Recently, the Xinjiang Branch of the China Development Bank organized young party members to go to Xinjiang Qianhaize Agricultural Cotton Co., Ltd. for field research and conduct bank-enterprise exchange and discussion activities.
During the event, young members of the Xinjiang Branch of China Development Bank visited the fully automated processing line in the factory and learned more about cotton planting, processing, inspection, warehousing, and sales in southern Xinjiang. Young party members of the bank said that as a pioneer in the practical development of development finance in southern Xinjiang, it must be based on the new development stage, implement new development concepts, build a new development pattern, and fully serve the “six stability” and “six guarantees”, and develop in the local characteristic industries In terms of strengthening learning, positive thinking and proactive actions, we will study the modern industrial chain financing model to help Xinjiangcotton textile enterprises achieve highquality develop.
Up to now, CDB Xinjiang Branch has issued a total of 14.03 billion yuan in loans to support the development of Xinjiang’s cotton spinning fields such as cotton planting and processing, cotton spinning processing, cotton weaving processing, cotton and linen wholesale, and textile infrastructure construction.
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