China urges textile industry to speed up restructuring.

(From BBC Monitoring International Reports)

Text of report entitled: "The State Development and Reform Commission: Speed up the adjustment of the textile industrial structure", carried by official Chinese news agency Xinhua (New China News Agency)

Our country's textile industry is confronted with a grim situation in which trade frictions are becoming increasingly serious. The textile industry itself is plagued by systemic contradictions because of its own deficient innovative capabilities and the paucity of its own brands. The State Development and Reform Commission and some concerned departments jointly produced a document urging the textile industry to …