China Technical Textile Watch by Oliver Haiqing Hua

An inspection group, led by CNITA President Li Lingshen and Secretary General Li Guimei, conducted a site visit to Nanhai Wonderful Nonwoven SSS new production line and formally announced the establishment of a Chinese medical nonwoven product demonstration base in Jiujiang Town.

The event was attended by Deng Weiqi, the Director of Foshan Nanhai Wonderful Nonwoven, as well as Cui Yanzhao, Vice President of PGI Nonwoven (China) Asian operations, and local government leaders.

Comprehensive investment

In 2013, Jiujiang realised a GDP of 13.306 billion Yuan (US$ 2.14 billion), and its industrial and commercial revenue amounted 1.037 billion Yuan (US$ 343.47 million).

The first phase of the project has a comprehensive investment, with the introduction of 10 enterprises with a total investment of about 660 million Yuan (US$ 105.93 million) and the annual output value of 610 million Yuan (US$ 97.95 million), and tax 29.219 million Yuan (US$ 4.69 million), including Wonderful Nonwoven SSS and SMMMS9 production lines.

The second phase introduced the PGI project that covers an area of 33,333 square meters and includes a total investment of US$ 34 million.

Wonderful Nonwoven:

www.wonderfulnonwoven.com

PGI:

www.polymergroupinc.com

Jiujiang Town:

www.jiujiang.nanhai.gov.cn/cms/html/jiujiang/index.html

CNITA:

www.cnita.org.cn

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About Oliver Haiqing Hua

Oliver Haiqing Hua, a textiles business analyst, has joined the Innovation in Textiles team to provide regular insider reports on developments within the Chinese textile industry. Oliver focuses on the development and changes in the Chinese textiles industry and associated industries, and gives in-depth analysis and interpretation of the relevant policies, industry trends, and business events.

Mr. Hua previously worked for the former Ministry of Equipment & Materials and the former Ministry of Internal Trade of China from 1984 to 1997. His role included reporting on the market, raw materials, production, logistics, finance, management dynamics, as well as the analysis related to all the upstream and downstream aspects in the industry supply chain.