Effect Of China-Pakistan Economic Corridor On Xinjiang Textile Industry

In this research there are few objectives tried to search through theoretical and statistical analysis about development of Xinjiang's textile industry perspective to ChinaPakistan Economic Corridor(CPEC).The objectives are current situation of Xinjiang's textile industry.Firstly,why development of Xinjiang textile industry is important for Xinjiang? Secondly,what are the positive factors(advantages)for the development of Xinjiang textile industry? And thirdly,which important factors/indicators can affect the development of Xinjiang textile industry perspective to CPEC.To examine policies that can be put in place to revamp the textile industry development in Xinjiang has significant impact on economic growth assess the potential impact,opportunities of CPEC for economic growth and development of Xinjiang.The research seeks to look at the Effect of CPEC on Xinjiang's textile industry.To see how economic growth leads the textile industry of Xinjiang China several techniques have been used in order to get a clear picture of the topic which further support the content,since the aim of doing this research is to give an overall perspective of how Xinjiang's textile industry can be effected on the growth and develop of Xinjiang.Analysis of recent debates of textile industry development Qualitative Estimation to perspectives of CPEC by analyzing literature is necessary condition to promote economic growth and development.Analytical framework is mainly drawn from the development issues of LDCs including the weakness of industry sector.In theoretical identification the development and growth status of Xinjiang's textile industry,opportunities for the development of Xinjiang's textile industry,analysis of Xinjiang textile industry and its risks and challenges faced by CPEC.In this regard factor effecting model have been modifying to perform a theoretical model.For conducting this project;we used secondary source of information but the study will make use of both primary and secondary data.Data is collected through Xinjiang Statistical Bureau and other sources i.e.websites,articles etc.The secondary data used here is the information collected from newspapers,Xinjiang China textile journal,magazines and internet.E-views software is used for this study.The quantitative approach is also used in the shape of statistical data as Xinjiang Statistical Yearbook and Ministry of Trade and Industry Xinjiang Statistical service that can gathered from different official sites of Xinjiang Government and other sources including World Bank and IMF sites etc.Empirical analysis of factor affecting modals used that the future development of Xinjiang's textile industry through CPEC.The key factors generated by the model influencing Xinjiang's textile industry are clear.So Xinjiang should focus on these factors to develop the Xinjiang's textile industry over CPEC.