| Abstract | The textile industrial sector is the pillar of Shanghai's light industry. During the past four years a series of reform measures have been completed, including the elimination of obsolete and redundant spindles in cotton mills, development of novel textile goods, restructuring of the Shanghai Bureau of Textile Industry, opening up of more textile production satellite regions in the suburbs, elimination of old-fashioned and inefficient textile factories and expansion of foreign-funded textile plants - by August 1995 Shanghai had 231 of these, representing a total investment of $880 million. |
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