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SHANGHAITEX 2011 marks sign of global economic recovery
28
Oct '10
Having over 26 years of history, the forthcoming 15th International Exhibition on Textile Industry (SHANGHAITEX 2011) will be staged again at Shanghai New International Expo Centre, Pudong, Shanghai during June 14 – 17, 2011.

SHANGHAITEX is a biennial event taking place in Shanghai every odd-numbered year. For the coming attraction, the show will occupy 8 exhibition halls, covering several theme zones namely “Knitting & Hosiery Machinery”; “Printing, Dyeing & Finishing Machinery”; “Textile Chemicals; Spinning, Nonwoven & Techtextile Machinery”; “Weaving Machinery and Spare Parts & Accessories”. This year, Warp-Knitting & Embroidery Machinery Zone will be newly set up in response to the raising support and demand from industry.

The strong confidence of textile machinery makers on ShanghaiTex and the long-term prospects of the textile industry in Asia is evident from the overwhelming response of booth application by exhibitors. The organizers are glad to announce that the Knitting Section is almost fully booked by renowned industry players such as Hong Kong's Chemtax Industrial Company Ltd, Sinotech Asia Ltd, Germany's H. Stoll GMBH & Co. KG, Switzerland's Grob Textile AG, Singapore's Falmac Machinery (Tianjin) Ltd, Italy's Santoni S.P.A, L.G.L.,BTSR International S.P.A and Conti Complett S.P.A, Japan's Shima Seiki Mfg., Ltd and other reputable local and abroad companies.

For the Dyeing and Finishing Sector, reputable companies including Fong's, Thies, Danfoss, X-rite, Asia Kingdom, Gofront, Starlam, SDL, Zimmer, Schneider, Setex and Siltex etc have either confirmed or reserved their exhibition booths at ShanghaiTex 2011.

The good response from worldwide companies echoes the fact that the textile industry has been recovering in an upward spiral trend. Textile industry has suffered in the previous year due to global financial crisis, but with the support of China government in past year and the hints of worldwide economic recovery recently, it is observed that the industry is picking up gradually.

According to the figures of China Customs, export of textile products and apparel reached USD70.21 billion in Jan-May 2010, increased by 19.3% comparing with the same period of last year. Among that, the export amount of textile products and apparel reached USD28.56 billion & USD41.65 billion respectively, representing a 29.7% & 13.1% growth respectively than the same period of last year.

Mr Stanley Chu, Chairman of Adsale Exhibition Services Ltd, Organizer of ShanghaiTex 2011, said, “Customers join the exhibition for its benefit and the business potential that could be captured at the show. Therefore, we endeavor to attract more buyers via extensive promotions in order to build an effective business platform for our customers.”

Last edition held in 2009, the show was supported by 16 provinces in China, including Zhejiang, Jiangsu, Fujian, Anhui, Hunan, Sichuan, Jiangxi, Heilongjiang, Henan, Guangdong, Shandong, Guizhou, Shanxi, Xinjiang, Yunnan, Hubei, etc. Nearly 20 local and overseas textile associations organized buyer delegations to the show, such as Indian Textile Confederation, Indonesia Textile Association, Japan Fiber Association, Korea Textile and Apparel Association, etc.

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