2008 Yan Du (Shanghai) textile and garment industry special investment promotion meeting was held in Shanghai in June 30th.

Yueda textile and other 10 key textile and garment production enterprises in Shanghai have met with each other, and have met with a number of well-known textile and garment production and trading enterprises in Shanghai to conspire to "hand in hand" development.

After the meeting, two enterprises had further discussions on cooperation, and a number of enterprises formed cooperative intentions.

The special investment promotion will be led by the General Administration of investment promotion of the region. It will create a good interactive platform for enhancing understanding, strengthening ties and seeking cooperation between the two textile enterprises.

At present, there are 270 textile and garment enterprises in Yan Du District, of which 64 are scale enterprises.

Last year, the textile and garment industry completed an industrial added value of 760 million yuan, achieving sales income of 4 billion 130 million yuan, profits and taxes 380 million yuan.