Xianyang 10 million yuan** subsidies to support the transformation of textile companies

“Currently, textile companies are struggling to operate, new products are being transferred, and technical training is in the eye. The government issues subsidies for unemployment insurance, and it has given us a helping hand and solved our immediate needs.” August 30, Cai Ming, Minister of Human Resources of Northwest China Cotton receives Cai Ming The 1.9 million yuan subsidy paid by the unemployment insurance management center said with emotion. On the same day, the city's 10 million yuan unemployment insurance subsidies began to be distributed to six textile companies to support the transformation and upgrading of enterprises.

There are 37 textile enterprises above designated size in Xianyang City, employing nearly 120,000 people. In recent years, with the acceleration of the pace of domestic economic restructuring and the intensification of the international financial crisis, the textile situation has been deteriorating, resulting in a total loss of the textile industry. The company’s liquidity has been strained and the pressure to maintain stability has increased sharply. Last year, Xianyang City won the provincial government's support policy of “using 10 million yuan of unemployment insurance annually to support the transformation and upgrading of textile enterprises within three years from 2011,” and this year it will release 10 million yuan in subsidies in the second year.

“As a labor-intensive enterprise, the textile industry has a low profit margin. In addition, the textile industry has a low profit margin. In addition, these years have been constantly affected by the market environment. Going out of the low-end product category and moving toward high-end products to meet the market is the only way for weaving and weaving companies to get out of trouble.” Xianyang Huarun Textile Co., Ltd. Deputy General Manager Tai Aimin said: “This year, the old looms in the workshop must be phased out and replaced. Several hundred employees are required to transfer technical training. The municipal government gives Xianyang China Resources’ more than 2 million yuan** subsidy, which allows us to free up a sum of money. Funds are used to further reduce costs, improve product quality, and quickly upgrade and upgrade."

Last year, six textile companies took advantage of ** subsidy for the timely processing of retired staff, paid for the staff pension, unemployment, medical care, labor and childbirth and other expenses, effectively alleviated the company's liquidity difficulties. According to Zhang Xionggang, the staff member of the Municipal Unemployment Insurance Management Office Business Division, according to the number of people participating in unemployment insurance and unemployment insurance contributions, this year's subsidies for unemployment insurance **: 1.9 million yuan for Northwest cotton and 303 million yuan for North West China cotton Shaanxi Cotton Plant 8.2 million yuan, Xianyang China Resources Textile 2.09 million yuan, Shaanxi Fangyuan Industry 400,000 yuan, Xianyang China Resources Printing and dyeing 320,000 yuan.

In Xianyang China Resources Printing and Dyeing, 16 equipment will be eliminated this year and 200 employees will receive technical training. Northwest cotton will have a new generation of color flower processors to improve the quality and efficiency of weaving in all directions. At the same time, some companies are targeting the downturn in the cotton spinning market, and will promptly transition to producing new products such as pure silica and Tencel. Make full use of the municipal government to provide subsidies to the textile enterprises with difficulties, further increase production and conservation, increase income and reduce expenditure, eliminate backward production capacity, and prepare for entering the textile industrial park. This is the common aspiration of the six textile companies.

Ma Jianwei, director of the Municipal Bureau of Human Resources and Bureau of Human Resources Affairs, said that the 10 million yuan unemployment insurance ** subsidy is to reduce the burden on enterprises, promote the promotion of technological transformation and industrial upgrading of textile enterprises, and continuously improve the production conditions and operating efficiency of the textile industry. Textile workers stand upright and live confidently.

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