Since the beginning of this year, Guiping City has issued a total of 2 billion yuan in loans to support enterprises to resume work and production. The sales volume of the apparel industry in the city has recovered to 85% in the same period last year.

The textile and apparel industry is a traditional advantageous industry in Guiping City. At present, Mule Town, Guiping City has more than 400 apparel enterprises, including more than 20 enterprises above designated size, more than 100 independent brands. It has 4 wholesale sales and R&D centers, more than 700 sales stores and more than 300 online sales points in Guangdong, with an annual production and sales of more than 200 million sets of garments. It is the largest casual sportswear production base in Guangxi.

 

It is reported that at the signing ceremony for investment promotion of Guiping Textile and Garment Industrial Park, the city signed 11 projects with a total investment of 10.7 billion yuan, of which 10 textile and garment production projects were signed, with an annual output value of approximately 3.36 billion yuan.