(PR.com)-- According to the official statistics, in Jan ?? June 2010, total export and import value of textile machinery was USD 2.659 billion, increased by 51% compared to the same period last year (i.e. 2009). Among that, the export value accounted for USD776 million while the import value was USD1.883 billion, showing year-on-year rise of 38% and 56% respectively. The growth rates record an increase of 70% and 106 % respectively in comparison to last year, providing an ironic fact that the recovery of textile industry shows no signs of slowing down.
Tremendous Support From Renowned Worldwide Brands
The robust demand from both the international market and the domestic market accelerates the exhibitors' recruitment process of the 15th International Exhibition on Textile Industry (ShanghaiTex 2011), which will be held at Shanghai New International Expo Centre, Pudong, Shanghai during June 14 ?? 17, 2011. The exhibition has continued to enjoy overwhelming responses from exhibitors, especially in the Knitting & Hosiery Machinery Zone, which has been fully booked and reserved by renowned industry players, on top of Italy's Santoni, Germany's H. Stoll, Germany's Groz Beckert, Singapore's Falmac Machinery, Conti Complett, Japan's Shima Seiki; established companies such as Nan Sing, Ningbo Yuren have also confirmed their participation.
The booming response can be further explained by the encouraging export data in different categories in the textile machinery and the related industry. The top export value of its kind is knitting machinery which reached USD217million, contributing to 28% of the total, followed by auxiliary device & spare parts, printing, dyeing & finishing machinery, chemical fiber machinery, spinning machinery, weaving machinery, non-woven machinery, weaving preparatory machinery. The weaving preparatory machinery sector, it shows a year-on-year rise of 226 %. The data further proves why ShanghaiTex has received overwhelming support in the 2011 edition.
A Showcase of the Latest Technology by Renowned Exhibitors
ShanghaiTex aims to promote textile trade and technology through its unique exhibition platform. With the goal to further enhance the know-how of the textile industry, the organizers have collaborated with key exhibiting enterprises to hold the fashion parade concurrently onsite.
Exhibitors, such as Germany's H. Stoll ?? an established German company specializing in producing flat knitting machines for more than 135 years; Hong Kong??s Chemtax--the agent of leading European textile machineries brands; Italy's Santoni S.P.A--- the worldwide leader of seamless underwear machineries; Japan's Shima Seiki ?? one of the world's manufacturer of computerized flatbed knitting machines, will join hands to present the latest technology and newest materials to demonstrate the development and the achievements of the industry.
Since its debut in 1984, ShanghaiTex's unique national brand with modern management has further strengthened its pioneering role in textile industry. It is expected that the exhibition area will be over 92,000 sqm and more than 1,000 local and overseas exhibitors will participate. To facilitate buyers' sourcing and create business networking opportunity at one place, 5 theme zones will be set up.
Sponsored by Shanghai Textile Holding (Group) Corporation, China Council for the Promotion of International Trade Shanghai Sub-council and China Chamber of International Commerce Shanghai Chamber of Commerce, ShanghaiTex is organized by Shanghai International Exhibition Co Ltd., Shanghai Textile Technology Service & Exhibition Centre and Adsale Exhibition Services Ltd.
