China's Textile Industry Hit A Higher Salary In The First Three Quarters.

November - 8 - 11, China textile machinery The equipment industry association organized the 2011 Annual Symposium on production and management of textile machinery industry in Wenzhou. More than 100 representatives from the national textile machinery enterprises attended the meeting.

China textile industry Gao Yong, vice chairman of the association and honorary chairman of the China Textile machinery and equipment industry association, analyzed the trend of the textile machinery market since this year. Cotton price The problems of exchange rate and inflation were explained and predicted in detail. Wang Shutian, director of China Textile machinery and equipment industry association, analyzed and predicted the market trend of textile machinery in 2011. He believes that the market situation of textile machinery will remain relatively stable next year, and users will set higher requirements for technological innovation and product reliability.

From 1 to August this year, China's textile machinery market demand increased obviously, showing a gratifying situation of booming production and marketing and insufficient supply of products. The whole industry achieved a record high sales revenue of 56 billion 990 million yuan, an increase of 50.16% over the previous year, an increase of 56.18% compared with the average value of 36 billion 490 million yuan in the first 3 years. The total profit of the whole industry reached 3 billion 418 million yuan, up 1.72 times compared with the same period last year. From 1 to September, the total import and export volume of China's textile machinery amounted to US $4 billion 315 million, an increase of 59.09% over the same period last year. Of which, exports of US $1 billion 242 million, an increase of 44.82% over the same period, and imports of US $3 billion 74 million, an increase of 65.69% over the same period last year.

The representatives of the participating enterprises generally indicated that the situation of booming production and marketing of the textile machinery market will last until at least the first half of next year. Affected by the macroeconomic situation and cotton prices, exchange rates, labor costs and other factors, the market in the second half of next year is still very uncertain. Enterprises must increase technological innovation and technology reserves for high-end textile products with energy saving and emission reduction, and reduce labor demand, and deal with market changes and challenges in a timely manner.