BEIJING, February 4, Chinese Premier Wen Jiabao chaired a State Council on the 4th executive meeting examined and approved in principle the adjustment of the textile industry and the equipment manufacturing industry revitalization plan.

The meeting held that the textile industry is a traditional pillar industry of China's national economy and an important livelihood sector, but also a clear competitive advantage in the international industry in the boom market and expanding exports, creating jobs, increasing income of the farmers, promoting the development of urbanization has played an important role in . To speed up the revitalization of the textile industry must be self-innovation, technological innovation, and eliminate backward, optimize the layout for the focus on promoting structural adjustment and industrial upgrading, to consolidate and strengthen the employment and benefit support for the status of farmers, promoting China's textile industry from large to strong changes in .

First, we must co-ordinate domestic and international markets. To actively expand domestic consumption, develop new products, developing the rural market and promote the application of industrial textiles. Diversifying export markets, a stable international market share.

Second, we must strengthen the technological transformation and self-brand building. In the new central government investment in the establishment of a special focus on support for spinning weaving, dyeing, chemical fiber industries technological progress, promoting the industrialization of high-tech fibers, textiles and equipment to improve the level of autonomy, cultivate their own influence with international well-known brands.

Third, we should speed up the elimination of backward production capacity. To develop and improve access and eliminate the high energy consumption, heavy pollution and so on backward production techniques and equipment. On the advantages of merger and reorganization of troubled enterprises backbone enterprises give preferential treatment.

Fourth, we must optimize regional distribution. The eastern coastal areas should focus on the development of high-tech and high added value, low resources consumption of textile products. To promote and guide the textile and garment processing enterprises transferred to the central and western regions and building a high quality of Xinjiang cotton yarn, cotton and cotton textile production base.

Fifth, we must increase the taxation and financial support. The textile and garment export tax rebate rate from 14% to 15% better on the fundamentals, but temporary financial difficulties of the enterprise business and provide credit support. Canadian Dazhong Xiao textile enterprises to support efforts to encourage guarantee agencies to provide credit guarantees and financing services, to reduce the burden of textile enterprises. Central and local authorities and enterprises should increase efforts to buy cotton and silk factories.

The meeting pointed out, equipment manufacturing industries for the national economy, the provision of technical equipment, a strategic industry, a high correlation, a strong ability to absorb employment, technology and capital-intensive, is the industrial upgrading and technological progress and an important guarantee for the concentrated expression of the national comprehensive strength. Speed up the rejuvenation of equipment manufacturing industry, we must rely on national key construction projects, large-scale independent of major technologies and equipment to carry out work; through increased technological transformation, and enhance independent innovation capability, greatly improve the basic component parts and basic technological level; accelerate the pace of mergers and restructuring and product upgrading, promote the optimization and upgrading of industrial structure to upgrade the overall industrial competitiveness.

First, we must rely on efficient and clean power generation, special high-voltage transformer, coal and metal ore mining, storage and transportation of natural gas pipeline and liquefaction, high-speed rail, urban rail transit and other areas of key projects, targeted to achieve the domestic manufacture of key products.

2 In connection with the iron and steel, automobile, textile and other major industries, key projects to promote automation equipment.

Third, we must raise a large Casting and Forging, basic components, processing aids, special raw materials, auxiliary products, technical level, lay a solid basis for industrial development.

Fourth, we must push forward structural adjustment and changes in industry growth. Support equipment manufacturing joint restructuring of key enterprises, development of general contracting, systems integration, international trade and the financing capacity of large enterprise groups. Accelerate the improvement of product standards system, the development of modern manufacturing services.

The meeting called for full use of value-added tax policies to promote technological progress in enterprises; in the new arrangements for central government investment in specific industrial revitalization and transformation; to establish the use of domestic in the first (sets) of equipment, risk compensation mechanism; increase the export line of credit, support equipment, products exports; encourage the introduction of digestion and absorption of re-innovation, it is necessary for some key components and raw materials imports exempted from tariffs and import value-added tax; strengthening enterprise management and staff training, improved organization of production, improve production efficiency and product quality; promote enterprise integration as the main production and research and encourage scientific research institutes into enterprises, support enterprises to develop stronger R & D team.