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China : Textile machinery industry expects stable growth in future

China : Textile machinery industry expects stable growth in future

Write: Mathea [2011-05-20]

According to the 2006 research and consultation report of China s textile machinery industry, demand for textile machinery is steadily increasing both at home and abroad.

With a powerful supporting policy, the favorable direction of the domestic textile machinery industry will generally persist.

It is expected that the world GDP in 2006 will rise about 4 percent. The depending percentage of textile industry on international market is about 49 percent.

Therefore, the strong world economy will be friendly towards the development of textile machinery industry.