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It is estimated that, by the end
of 2010, over one-third of main textile machinery
offered by China¡¯s domestic textile machinery
industry will reach advanced international level.
Especially, chemical fiber, cotton textile and
nonwoven facilities will be spotlights.
According to CCPIT Tex, government has outlined
the strategic having strengthening national machinery
industry as its one of priorities. As the most
important pillar industry for national economy
and for export and foreign exchange earnings,
of course, China¡¯s textile machinery industry
has been a focus of attention.
China Custom¡¯s statistics showed that the import
of textile machinery made by China in 2005 was
U.S. dollar 3.445 billion falling 24.06 per cent
year-on-year. By the end of the year 2010, the
rate of output value of China¡¯s textile machinery
industry will surge to 50% from 25%, the figure
in 2005. And over one-third of its production
will be exported.
Source£ºGracie Guo, Cntex
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