Home / Knowledge / News / Textiles / Manufacturers urged to focus on technical textile machinery
Manufacturers urged to focus on technical textile machinery
14
Mar '09
The fourth session of the China Textile Machinery & Equipment Industry Association was held in the last week of February in Tianjin, which was attended by high-level managers from more than 150 textile enterprises.

At the meeting, Mr. Gao Yong, Vice-Chairman of the China Textile Industry Association and President of China Textile Machinery & Equipment Industry Association gave a detailed analysis on current international and domestic situation.

He also spoke of the textile industry under the shadow of the financial crisis, as well as the future development direction of China's textile machinery industry. According to him in 2009, market demand will shrink further.

Exports will face an even grimmer situation, which will redirect most of the activities towards domestic markets which will directly lead to an increase in competition in the domestic markets of China, he said.

Relatively speaking, with the introduction of state's policies to expand domestic demand, the domestic market is expected to maintain stable growth, which will help the machinery industry and enhance industry growth, he added by saying.

Gao Yong pointed out that a plan has proposed to set up a special fund, which will focus on supporting advanced technologies in spinning, weaving, printing and dyeing, chemical fiber industries, in order to promote high-tech fibres.

In addition, the plan also proposes to promote the application of industrial and technical textiles, which is expected to become the new economic growth engine for the textile machinery industry in the country.

The development of these textile machinery products mainly for non-wovens and other applications of technical textiles will chart the direction and development of China's textile machinery industry in the next three years.

Fibre2fashion News Desk - China

Must ReadView All

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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