Huafu Fashion has opened the world's largest textile mill for spinning colored yarn in northwest China's Xinjiang Uygur Autonomous Region. Built with an investment of 5 billion yuan ($735 million ), the mill in Aksu, southern Xinjiang, will install 1 million spindles by the end of the year. The company has also built a dyeing industrial park in Aksu with an investment of 2.5 billion yuan. The park has the capacity to dye and print 100,000 tonnes of cotton yarn a year.
As the largest cotton growing region in China, Xinjiang has attracted major textile companies from east and south China to set up branches and factories. These include Aksu, Kashgar and Hotan in southern Xinjiang. Aksu's long-staple cotton output accounts for 93 percent of the country's total.
As of 2017, there are more than 2,700 registered textile companies in Xinjiang, which have provided jobs for more than 350,000 local residents. Huafu has 5,333 hectares of cotton growing fields in Xinjiang. Its annual cotton trade and logistic volume has reached 500,000 tonnes.
