China's purchasing power in the textile machinery industry accounted for more than 60% in the first half of the year
The last year's global sales data released by the International Textile Federation showed that the global textile machinery market is mainly in Asia, and China's purchasing power accounts for more than 60%, but the growth rate has slowed. In 2013, my country's textile machinery imports totaled US$4.22 billion, an increase of 0.04% year-on-year; the total import volume in the first quarter of this year was US$1.1 billion, an increase of 21.56% year-on-year. Therefore, judging from these data, the demand for foreign equipment in my country's textile market has not weakened. According to data released by the China National Textile and Apparel Council, in 2013, China's textile machinery industry accelerated the adjustment of product structure and technological upgrading in accordance with the objective needs of the textile industry's industrial upgrading, and the overall level of the industry has been significantly improved. Textile machinery products have been greatly improved in terms of technical level and product quality. Although the domestic market demand has narrowed, exports have maintained growth, and the overall operation of the industry is in a stable state. The total profit of the textile machinery industry was 8.247 billion yuan, an increase of 1.149 billion yuan year-on-year; according to China Customs statistics, in 2013, my country's textile machinery import and export totaled 6.739 billion US dollars, an increase of 4.32% year-on-year. Among them: textile machinery exports were US$2.519 billion, a year-on-year increase of 12.36%; imports were US$4.220 billion, a year-on-year increase of 0.04%.
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