Home / Knowledge / News / Textiles / Chinese textile machinery sector attains new highs

Chinese textile machinery sector attains new highs

22
Mar '12
The industrial output value of the Chinese textile machinery sector has exceeded 100 billion Yuan in 2011.

This means that the Chinese textile machinery sector has entered a new development stage, members of China Textile Machinery Association (CTMA) said at a meeting.

According to the statistics, China's textile machinery industry achieved an industrial output value of 107.367 billion Yuan in 2011, up 27.44 percent from a year earlier.

Profits from the sector stood at 7.143 billion Yuan, a rise of 33.39 percent and exports registered US $2.245 billion, an increase of 27.81 percent year on year.

China's textile industry suffered twin blows of European debt crisis and fluctuations of raw material prices in 2011, but the industry still maintained a steady growth trend.

This shows that the technical level and product quality of domestic textile machinery has been greatly improved; on the other hand, it also reveals that Chinese textile enterprises still have huge demand potential of equipment.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 30th Jul 2021

ILO outlines 3 scenarios for Asian garment sector recovery trajectory

Looking to the post-pandemic period, a new research brief by the...

Pic: Shutterstock

Retail | On 30th Jul 2021

UK retail sales up 0.5% MoM in June; clothing store sales down 4.7%

Retail sales volumes in the UK increased by 0.5 per cent in June 2021 ...

Pic: Shutterstock

Textiles | On 30th Jul 2021

Prime Content| Here's why global cotton trade will rise in July-Dec 2021

Global cotton trade is expected to rise in the coming months of 2021...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Bharat Ahuja,

Bharat Ahuja

A mono store brand, <b>Bharat Ahuja's</b> Desire Design Studio has emerged ...

Nina Smith,

Nina Smith

GoodWeave International, a nonprofit working to end child, forced and...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Niti Singhal, Twee In One

Niti Singhal
Twee In One

Best known for convertible clothing, Indian brand Twee In One by designer...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

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

Leave your Comments


July 2021

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


Advanced Search