Mr. Zhou Bo, Vice Mayor of Shanghai Municipal Government, Mr. Wang Jian, Director of Shanghai SASAC and Mr. Gu Jiahe, Deputy Director of Shanghai Municipal Commission of Commerce, visited Shangtex Group and did a research on the morning of May 16th.

   On the meeting, Mr. Xi Shiping, board chairman of Shangtex, gave a report on priorities of the group work and acceleration of state owned enterprise’s reformation. Besides, Mr. Zhu Yong presented the major initiatives on restructuring and development of Shangtex in recent years and current economic performance of Shangtex as well, and also gave several proposals on accelerating the foreign trade development of Shangtex, adding the support strength on Shanghai Fashion Week, and increasing the support efforts on brands.

   Mr. Zhou fully affirmed the great development and effectiveness of strategic transformation of Shangtex in recent years, and he was also gratified for continuous stable increases of Shangtex’s foreign trade during these years.