When visit important textile province Java Province, the industry minister of Indonesia show that the equipments in Indonesia textile industry consume fuel badly and be difficult to produce the products with high quality, which result in the continual decreasing of competition capability in price, manufacturing and quality because this equipment have been used for tens years. So it is imperative to replace equipment.
At present, Indonesia industry department and Central Bank have established expert team to discuss the blue print for removing old textile machine and revalue the tax to improve the competition capability of textile industry. According to plan, the above blue print can be delivered to Finance & Economic planning minister. It is evaluated by Indonesia government that the charge for exchanging textile equipment will reach $2.6billion USD , which can not be get just depending on textile enterprise's planning. Therefore, it is bank s turn for financing. This minister shows that government will try to promote the contact between bank and enterprise for discussing the loan for purchasing update equipment by offering capital support. According to 2001 Textile Industry developing plan established by Indonesia government that textile industry will finish equipment innovation in 2009.
China is the biggest textile machine supplier for Indonesia, so Indonesia's textile industry reform is an opportunity for China textile enterprise.
