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Home >> Business
UPDATED: 11:13, June 03, 2005
China market for textile machinery attractive
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The 11th Shanghai Intl' Textile Industrial Exhibition will be staged on June 3 and last till 7. Chinese textiles make debut since the quotas removal on the Asia��s largest textile showcase.

Among more than 1,400 businesses from 23 countries and regions to have slots there, 100 plus textile machinery producers are from Italy who hold firm confidence on China market.

China is the largest customer of Italian textile machinery last year. 15 percent of the orders were placed by Chinese buyers, which valued 311 million euro.

A personage from the Italian Association of Textile Machinery Manufacturers (ACIMIT) thinks China has not only become the largest market in the world for textile machinery, but also one of the most sensitive markets to any changes on the global market.

In 2004, China's imports and exports of textile machinery totaled more than 5.33 billion USD with the imports of 4.7 billion USD, a slight rise of 0.92 and exports of 676 million USD, a jump of 28.13 percent.

By People's Daily Online


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