The international group of HongKong of Hong Kong announced a few days ago, they would furnish funds of 7 billion Hong Kong dollars (7.8 Hong Kong dollars were equal to 1 dollar), build Beijing world clothing and produce the research and development centre in Chaoyang district of Beijing.

Group President say Beijing world clothing produce research and development centre take up an area of 70 hectares, with the whole construction area of 700,000 square meters. It will be the centre , fashion centre , exhibition centre of general headquarters of an international clothing trade , it is nowadays industry chain base of the most fashionable dress, in the hope of creating the advantage in such aspects as market , service , cost , talent , resource, assemble China and make the platform for the elite of international clothing trade.

Beijing world clothing produces the research and development centre and plans to complete before Beijing 2008 Olympic Games.