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Economic Development
 
 
 
District with One Feature Industry

Yangpu District has been designated by Shanghai Municipal Government as one with household textiles as its feature industry. Ever since the year 2001, household textile industry has been greatly boosted to be one of the most advanced industries in the urban districts. By the end of 2006, the total number of household textile companies increased from 34 in 2001 to 150 today; and revenue grew by 4.3 times, from RMB1.04 billion to RMB 4.5 billion. With an average annual growth rate of 35%, this feature industry enjoys a sustained, speedy and healthy development.


Shanghai International Household Textile Park, an appropriative zone for this outstanding industry in Yangpu District, is designed to function as a multi-functional, high-standard and well-conceived household-textile platform to provide integrated services covering consultation, exhibition, development, inspection, talent exchange and training, logistics and intermediary, global trading and business negotiations, so as to promote the energy level of household textile. There are currently 125 companies, including well-known domestic enterprises such as Sunvim, Homes and Sleemon; 5 industry associations and renowned trade magazines such as Home Textiles, 31 Home Textile and Home Textile Times. After recourses relocation, an intellectual property zone and a quality inspection branch are to be established.


The Phase 1 of the construction project of Shanghai International Household Textile Park, which takes up a land area of over 20,000 square meters, with a total floorage of over 130,000 square meters, is now under way and is expected to be completed in 2008.

 

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