 Ruyi Group
By Sun Yuqing (chinadaily.com.cn)
Updated: 2007-04-24 08:20
One of the measures to create job opportunities for migrants of Three Gorges Project is to build labor-intensive companies with the help of companies of well-developed areas and favorable policies.
Wanzhou District, which has 250,000 migrants, has cooperated with some large companies, such as the Chongqing Changan Kuayue Automobiles and Shandong Ruyi Group, in its industry zone.
Shandong Ruyi Group, a multi-proprietary Chinese-foreign joint venture enterprise based in East China’s Jinan City, is building a new mill in the Three Gorges Technology Textile Industry Zone in Wanzhou, Southwest China's Chongqing city. The new company can produce 500,000 compact spinning spindles -- the largest scale and superior equipments of "compact spinning" in the world. During its first-phase project, some 69 percent of its 2000 workers will be the migrants in the Three Gorges Project.
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