Research on Textile Enterprises to Broaden the Financing Channels

Minfang Gao, Juan Li, Qinghua Qin

Abstract


Textile industry exposes many problems under financing crisis: lack of innovation, extensive growth, etc. To solve these problems, the textile industry must achieve industrial upgrading and enhance the core competence. However, the shortage of capital has restricted the development of textile industry. The paper, referring to some scholars’ recommendations, discussed how to broaden financing channels to solve the current financing problems for textile enterprises.


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International Business Research  ISSN 1913-9004 (Print), ISSN 1913-9012 (Online)

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