Established Far Eastern Industries (Shanghai) Ltd. This was the last foreign synthetic fiber company to be issued a license by the authorities in mainland China.
Far Eastern Apparel (Suzhou) Co., Ltd. began mass production, penetrating the mainland Chinese markets primarily with Paul Simon brand underwear.
Pioneered easy-to-recycle and reuse One-Piece PET bottles.
DuPont-Far Eastern Co., Ltd. began mass production.
Established Far Eastern Industries (Shanghai) Ltd. This was the last foreign synthetic fiber company to be issued a license by the authorities in mainland China.