Market Repmission Export Tax Rebate Will Be Lowered

According to customs statistics, the total import and export volume of textile machinery in China in 2011 1~3 amounted to US $1 billion 104 million, an increase of 49.12% over the same period last year. Among them, the export of textile machinery was US $301 million, an increase of 29.12% over the same period last year, and imports of US $804 million, an increase of 58.28% over the same period.

Imports increased by nearly 60% over the same period last year.

In 1~3 months of 2011, China imported from 42 countries and regions.

From the perspective of imported products, loom imports ranked first, total imports amounted to $155 million, an increase of 82.66% over the same period last year, and loom imports accounted for 19.24% of total imports, representing an increase of 2.61 percentage points compared to the same period last year. Loom imported from 2011 to two months in a row over imports of knitting machinery.

From the perspective of major countries and regions of import, the main importing countries and regions in textile machinery in 2011 were mainly Germany, Japan, Italy, Belgium and Switzerland, and imported the top five countries.

From the nature of import enterprises, the total import value of wholly foreign-owned enterprises is 267 million US dollars, an increase of 61.62% over the same period last year.

The import of textile machinery was mainly based on general trade. Total imports amounted to 539 million US dollars, accounting for 67.10% of total imports, up 47.08% compared to the same period last year. Foreign invested enterprises ranked second in imported equipment and articles, with total import value of 223 million US dollars, accounting for 27.72% of total imports, representing a growth of 123.36%.

In 1~3 months of 2011, 27 provinces and municipalities in 31 provinces and autonomous regions of China had different quantities of imports.

Zhejiang, Jiangsu, Guangdong, Fujian and Shandong ranked the top five of total imports, accounting for 84.69% of total imports.

The total import volume of Zhejiang province ranked first in the 218 million US dollars, up 67.54% from the same period last year, accounting for 27.14%.

Exports increased by nearly 30% over the same period last year.

In 2011 1~3, China's textile machinery exports amounted to US $301 million, an increase of 29.12% over the same period last year.

In the 1~3 month of 2011, the export volume of knitting machinery was 93 million 501 thousand US dollars, up 50.47% from the same period last year, accounting for 31.11%, ranking first in order to assist machinery and accessories, printing and dyeing finishing machinery, spinning machinery, loom, chemical fiber machinery, nonwovens machinery and weaving preparatory machinery, and nonwoven machinery increased by 198.58% over the same period.

Textile machinery exports to major countries and regions

In 2011 1~3, China exported textile machinery products to 123 countries and regions, and the top five countries were India, Bangladesh, Japan, Indonesia and Vietnam.

In the 1~3 month of 2011, the total number of exports to the above countries and regions accounted for 50.09% of the total export volume.

In the 1~3 month of 2011, private textile enterprises ranked first in the export of textile machinery products, with an export volume of US $124 million, an increase of 43.43% over the same period last year, accounting for 41.28%.

Sole proprietorship exported 97 million 837 thousand and 200 US dollars, an increase of 61.05% over the previous year, accounting for 32.56% of the total export volume, ranking second.

Others are state-owned enterprises, joint ventures, collective enterprises and cooperative enterprises.

In 2011 1~3, China's textile machinery exports were still dominated by general trade, with an export value of US $255 million, an increase of 38.37% over the same period last year, accounting for 84.87% of total exports, and processing trade exports of US $38 million 192 thousand and 200, an increase of 41.84% over the previous year, accounting for 12.71% of the total exports. Other trade modes exported 7 million 288 thousand and 800 US dollars, down 66.11% from the same period last year, accounting for 2.43% of total exports.

In the 1~3 month of 2011, there were 28 provinces and autonomous regions in 31 provinces, municipalities and autonomous regions, with export of textile machinery products. The top five provinces and cities accounted for 85.95% of the total export volume.