The Textiles Branch of the International Foreign TradeCorporation in Xiangfan City, Hubei Province, is aforeign trade enterprise specializing in the import and export oftextiles in the position of a legal entity. The corporation has richtechnology and boasts RMB8 million in fixed assets, RMB50million in working capital, RMB1.2 million in self-ownedcapital, RMB100 million in annual trade, US$10 million inforeign exchange earnings and RMB1 million in profits. It takesthe first place among the foreign trade enterprises in Xiangfandistrict.