Shanghai 17th Cotton Mill moved to Subei Dafeng Investment 2 billion yuan


Yesterday, the famous “17 cotton”, a famous enterprise with 85 years of history of cotton spinning, was relocated to Dafeng City in northern Jiangsu. Along with the large number of technical backbones and management personnel in Shanghai. It is reported that more than 10 large-scale cotton spinning enterprises under the Shanghai Textile Holdings (Group) Co., Ltd. will also be moved to Dafeng, marking the long-term transfer of the textile industry in Shanghai into a specific implementation period, which is the largest in Jiangsu Province. An industrial transfer of scale.
The person in charge of Shanghai Textile Control Group told reporters that with the increasing saturation of urban space, Shanghai urgently needs to realize the “cage change for birds” through industrial transfer to develop high-tech industries and modern service industries. The person in charge said that they will invest 2 billion yuan in Dafeng to build the Shanghai Textile Park, and will relocate to Dafeng's enterprises to implement high-end textile upgrades, and establish an important cotton spinning base in the Yangtze River Delta integrating training, R&D and manufacturing.
It is understood that the transfer of Shanghai textile industry to Northern Jiangsu is only the beginning. More than 10 industries such as electromechanical, agricultural products processing and chemical industry in Shanghai are also preparing for a large-scale transfer to northern Jiangsu.

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