How is China's textile and textile market prospects?
Prospective Industry Research Institute Textile Machinery Manufacturing Industry Research Group, said the world's leading textile machinery enterprises in China have invested and set up factories in China, the scale of production in China has reached the Chinese textile machinery production 1/3. Foreign-funded enterprises in addition to the equipment for the Chinese market, but also a large number of exports, and even anti-sales back to the country of origin. China is moving from one of the largest textile machinery market demand to Asia Textile Machinery Manufacturing Center, and even the world textile machinery manufacturing center.
From a global perspective, the past, textile machinery manufacturing competition is mainly concentrated in Germany, Italy, Switzerland and other textile machinery production power. But in recent years, driven by domestic and Asian market demand, China's textile machinery manufacturing industry continues to expand, China has become the world's largest textile machinery manufacturing country.
Prospective Industry Research Institute released the "China Textile Machinery Manufacturing Industry demand and investment forecast analysis report" shows that China's textile machinery manufacturing industry in recent years to maintain rapid development momentum. As of the end of 2010, the industry total assets reached 77.613 billion yuan, an increase of 27.78%; industry sales revenue 815.65 billion yuan, an increase of 42.13%. Overall, after experiencing the decline in industry growth in 2008, the industry scale expansion rate significantly accelerated, the overall development trend is good.
