A few days ago, Ministry of Industry and Information Technology announced Industry Transfer Guidance Catalogue (2012 Version) (hereinafter referred to as “Guidance Catalogue”), focusing onadjustment and optimization of current production capacity, which puts forward direction and key points of the transfer of 15 traditional industries including textile industry.

Guidance Catalogue puts forward direction and key points of the transfer of textile industry: In China Northeast, make full use of advantages in such raw materials as chemical fiber, etc,

anddevelop the textile for downstream industry properly; in Eastern China, develop modern textile industry actively, focus on promotion of grade and creation of brand, build up international

textile and designing and manufacturing center of garment, and form modern textile industry cluster and headquarters base; in Central China, speed up the development of cotton spinning,

knitting, bast fiber, viscose, etc., make a proper development of the textile for chemical fiber industry, cultivate brands of clothing and home textile, perfect system of modern textile

manufacturing industry; in Western China, make use of some natural resources such as cotton, fur, hemp, silk, etc., undertake textile industry transfer actively, and match with chemical fiber

industry gradually.