President Of Italy Textile Machinery Association: China Textile Machinery Market Is Very Attractive.

Dr. PAOLO BANFI, President of Italy Textile Machinery Association, congratulated the ITMA asiya + timet, which is about to be held in China. He said that both ITMA ASIA and CITME were very successful exhibitions. These two exhibitions have been popular among Asian textile enterprises.

Dr. BANFI said that China is the largest textile machine market in the world and a very attractive market: China's textile machinery imports exceeded 9 billion dollars in 2007.

This figure is undoubtedly the most powerful guarantee for the successful launching of the 2008 International Textile Machinery Expo in Shanghai.

I believe this exhibition will be the most important trade exhibition in Asia, especially in China.

Over the years, the textile machinery industry in Italy has a strong desire to strengthen cooperation with China, a country with a long tradition of textile industry.

To achieve this goal, the Italy Textile Machinery Manufacturers Association has been making efforts to enhance cooperation between the two countries and increase contacts and contacts between the two enterprises.

Dr. BANFI analyzed that the demand for Italy textile machinery was mainly concentrated in spinning machinery, which accounted for 39%, followed by knitting machinery accounted for 18%, equipment accessories accounted for about 18%.

This shows that the demand for high quality textile machinery and equipment in China is still very large. This is also one of the important reasons why Italy textile machinery enterprises are optimistic about the Chinese market and exhibiting in China.

In the light of the current market situation, we hope that by the end of 2008, the textile machinery industry in Italy will get higher growth than last year.

According to Dr. BANFI, the Italy Pavilion is an important part of the exhibition. A total of more than 160 enterprises are participating in the exhibition. The exhibition area is 7200 square meters.

76 of the Italy manufacturers will display their products in the Italy exhibition area under the organization of Italy Textile Machinery Manufacturers Association (ACIMIT) and Italy Foreign Trade Promotion Committee (ICE).

The three Italy exhibition areas are located at the spinning Hall of W2, the weaving Hall of E6, and the finishing machine hall of E1.

In view of the current situation of China's textile industry, Dr. BANFI believes that China's textile and garment industry has a long history and has obvious competitive advantages.

Although it is now in a difficult period due to the rise of raw materials and the rising cost of workers' wages, this difficulty is taking account of time. The competitive power of China's textile industry is unrivaled.

In addition, he also suggested that if China's textile industry continues to succeed in the international market, it can not compete only on price. The improvement of product quality has become a necessary condition for maintaining competitiveness in the future.