New machineries & technologies debut in QITMF
The figures of Ministry of Industry and Information Technology of the PRC indicated that international and local economic performance on textile industry is encouraging in the first half of 2010. With the favorable factors of stock replenishment along with market demand recovery, China's textile industry recorded a significant growth in 2010.
According to the statistics of National Bureau of Statistics of China & General Administration of Customs, in the first half of 2010, industrial added value of textile industry grew by 12.2%, equivalent to 4% increase over the same period of last year. Export amount accounted for 16.3% growth, which is 2.4% more compared to the first quarter of 2010.
From January - May 2010, realized profit of garment, textile and manufacturing industry rose by 58.7% to reach RMB70.1 billion, grew 57.7% year-on-year, among which realized profit of textile industry accounted for RMB41.8 billion, increased by 63.8%. Textile enterprises in Shandong Province, one of the top 5 textile provinces in China, are enjoying a tremendous time in this year.
China (Qingdao) International Textile Machinery Fair (QITMF) is rooted in Shandong with influences spanning over Northern China. The exhibition will be held on 15-17 September 2010 at Qingdao International Convention Center, Qingdao, Shandong Province, PR China. With 10 years successful experience and benefited from the recovery of textile industry, QITMF 2010 gained support from many renowned exhibitors by demonstrating their new machineries and innovations at the fairground. QITMF provides an ideal platform for textile enterprises to explore and grasp opportunities in Northern China.
Gathering of Distinguished Corporations in Qingdao
Founded in 2000 and with over 10 years experience, QITMF becomes the most established textile machinery exhibition in Northern China as well as a professional platform to showcase the latest technologies and exchange market information within the industry. It also acts as a stepping-stone for the textile enterprises to explore Northern China's market, enhance communications and promote integration of the industry.
Exhibiting area of QITMF 2010 will reach 5,000sqm and expected to accommodate about 100 exhibitors. New confirmed exhibitors included: Chemtax Industrial Company Ltd, Nan Sing Machinery Ltd, Erhardt+Leimer (Hangzhou) Co., Ltd, Changshu Guosheng Knitting Machinery, Yuyao Huayuan Textile Equipment Co., Ltd, The Qingdao Jiaonan Huifeng Machinery Co., Ltd, Yantex (Yantai) Precision Textile Accessories Co., Ltd, Shanghai Sweet Sea Belt Machinery Co., Ltd, Yiwu Jebtex Machinery Co., Ltd, Introtech (Shanghai) Ltd, Vake Transmission Suzhou Equipment Co., Ltd, Pingyang Yile Weaving Machinery Co., Ltd, Shanghai Hongyue Textile Machinery Co., Ltd, Tit Fai Engineering, Yantai Tiancheng Needle Co., Ltd, Dongtou Guotai Electronic Co., Ltd, Shanghai Biduqi Trading Co., Ltd, Wenzhou Fangyuan Instrument Co., Ltd, Wenzhou Darong Instrument Co., Ltd and Changzhou Zheng Lu Plastic Wire Disc Co., Ltd., etc.