Home / Knowledge / News / Textiles / Imports of advanced knitting machinery rise in 2007
Imports of advanced knitting machinery rise in 2007
Feb '08
Latest statistical figures show that in first nine months of 2007, China's imports of advanced knitting machinery rose 4.41 percent, and import volume reached US $1.008 billion, marking the largest import among China's textile machinery sector.

Domestic knitting industry will continue its main objective of achieving an overall restructuring in 2008. Promotion of equipment level such as speeding up structural adjustment of products, boosting consumption capacity in fashion market and continuously upgrading industrial competitiveness is the need of the moment.

According to 'Sino-EU textile trade memorandum of understanding', from January 1 this year, production enterprises must first obtain export permits issued by the state, only then they could carry out exports of eight textile categories to the EU market, including T-shirts, pullovers.

The restraint export policy will compel knitwear export enterprises to turn their development perspective to domestic market.

According to the data, in the first 10 months of 2007, the country completed 264 knitting and weaving projects, which no doubt will upgrade the road to the development for the industry in 2008.

However, experts suggest that China's knitting enterprises need to adopt more realistic efforts to acquire new growth space this year.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th Apr 2017

Greater Manchester is high on its textiles industry

Greater Manchester is witnessing a boom in textiles industry with 77...

Apparel/Garments | On 25th Apr 2017

Indian trade leaders to discuss GST, digital payments

Trade leaders from various Indian states will meet in New Delhi to...

Apparel/Garments | On 25th Apr 2017

Foreign buyers paying less for green factory apparel

International buyers are not paying enough for apparel and garments...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search