According to Tax Bureau of Jinjiang, Fujian Province, the recent adjustment of export tax rabate rate for textile and garment has lessened the pressure of local foreign trade companies and benefited their development. Based on the export volume of last year, this policy is expected to bring 4 million yuan profit for Jinjiang textile and garment industry.
Textile and garment industry is one of the backbone for Jinjiang economy. There are more than 3300 companies, with 200,000 employees. The annul output get close to 30 billion yuan. The man??s leisure wear is their core business. The annul outturn of jacket in Jinjiang is about 67 million pieces, accounting for 40% of the national production, and 20% of the word share.
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