Top 18 billion investment in the textile city settled in the rise of the new landmark of Dongcheng

In many nostalgic memories of old Xi’an, the Textile City once stood as a symbol of economic prosperity during the 1960s and 1970s. As the textile industry declined in the 1990s, the area gradually faded from public attention. However, with the launch of large-scale redevelopment projects, the Textile City is now making a remarkable comeback. On February 25, a massive 18 billion yuan investment was officially announced, marking the beginning of a new chapter for this historic district. The streets of Xiaosuo, the empty courtyards, and the aging factory buildings still stand as silent witnesses to the once-great era of the six cotton mills. Today, these remnants of the past are being reimagined through modern development. On that same day, 12 major projects totaling 18 billion yuan were signed in the comprehensive development zone of the Textile City, signaling a bold transformation. As the core of this revitalization, the area is set for a dramatic renewal in the coming years. Zhang Minghua, Director of the Economic Development Bureau at the Xi’an Textile City Regional Comprehensive Development Office, said: “In this industrial area, current planning emphasizes residential and commercial development. Our packaged projects are named the Silk Road Business Center, which will become a premier destination for shopping, business activities, and leisure for Xi’an residents.” The main investors in this core area include Fortune 500 companies and China Railway Real Estate Group. These companies have long recognized the potential of the area’s transformation, especially after observing its growth opportunities at last year’s Western Conference and Fair. The recent 100 billion yuan investment demonstrates their strong confidence in the future of Xi’an's Dongcheng district. Gao Feng, General Manager of China Railway Industry Group Xi’an Co., Ltd., added: “We will focus our investments on Baqiao District and the Textile City in the future. This includes not only real estate development but also urban renewal, the transformation of old neighborhoods, infrastructure construction, and cultural development.” Zhang Minghua concluded: “The successful launch of this project will greatly benefit the 100,000 residents of the old city, significantly improving their living conditions, environment, and overall quality of life.”

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