Silk Industry in China (Paperback)

High Quality Content by WIKIPEDIA articles! China is the world's largest silk producer. In 2005, it accounted for 74 percent of the global raw silk production and 90 percent of the world export market. Local governments have and are continuing to introduce new facilities that are expected to bring in latest high-end silk manufacturing machinery that will elevate both the quality and the quantity of the silk being produced in China. It is estimated that it will render significant revenue increases as its new facilities brings increased production and distribution capabilities. There are a number of material preferential benefits. These government incentives include such as land policy exemptions, tax breaks, project prioritization (priority in review and approval of applications), and Energy discounts (upon approval, company can receive discounts of fees related to water, electric, gas, etc).