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In the first five months of this year, more than 80 textile machinery enterprises in Qingdao achieved a total income of 14 billion Yuan from machinery orders, an increased of 4 billion Yuan over the same period last year.
At the Canton Fair held at the beginning of this year and Qingdao Textile Expo held in May, Qingdao textile industry saw greatly increased overseas orders, as global textile and garment industry speeds up recovery.
Qingdao Xueda Group Co., Ltd, an export-oriented textile processing company, achieved a 300 percent increase of process orders from Japan compared with last year. Increased orders allowed enterprises to become order "choosers." In the Textile Expo, more than ten thousands of textile buyers put up big orders with Chinese companies, such as Wal-Mart, Carrefour, Spain's department store, H & M and so on, trade intention was close to US $300 million.
Relevant official says that rapid recovery and structural adjustment of textile and garment industry have sped up, global textile and garment industry continues to shift into Asian, meanwhile, China has increased national policies to support the industry, these factors have provided a good opportunity for rapid development of textile machinery industry.
07 June, 2010 by admin