China's Textile machinery industry expects stable growth in future
Source: Fibre2fashion, Date: 2006-11-02
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.
