Home / Knowledge / News / Textiles / Textile machinery industry heads for technological progress
Textile machinery industry heads for technological progress
06
Aug '08
China is building an innovation-oriented industry in the country and is revitalizing the equipment manufacturing industry. With such an opportunity, relevant state ministries and commissions under China Textile Industry Association, Textile Machinery and Equipment Industry Association, and other trade bodies are sparing no efforts to promote scientific and technological progress of the textile machinery industry.

The Government of China is hopeful that with the development and promotion of focused projects during the period of 11th Five Year Plan, the research and development (R&D) investment ratio with regard to the aggregate sales of textile machinery industry would move up to five percent of which two percent would flow in from the Government.

A five percent investment ratio would mean that investments made by the textile machinery industry for research and development would register a considerable increase in the 11th Five Year Plan period.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Courtesy: IVL

Textiles | On 26th Jul 2017

IVL completes PTA capacity expansion in Europe

Indorama Ventures Public Company Ltd (IVL), a global chemical...

Textiles | On 26th Jul 2017

Vietnam’s textile & garment exports cross $13bn in H1

Vietnam earned $13.... billion from textile and garment exports in...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X