The Imp. & Exp. Of Textile Machinery Exceed Expectation
Source: CTEI Date: 2010-08-12
Textile machinery industry reported sales volume as 32.478 billion yuan from Jan. to May; with export 625 million USD, up 38.33% year over year. The industrial sales volume of this business reached 32.225 billion yuan in first five months, up 53.54%. The growth rate went up 55.27 percentage points from same period last year. The production-sales-ratio was 97.44%; that??s 2.13 percentage points down. The end product took the capital as 3.67 billion yuan, 16.38% down.
With the drive of both international and domestic demand growth, textile machinery industry quickened its steps of recovery. From Jan. to May this year, the sum of import and export of textile machinery accumulated to 2.118 billion USD, up 63.37%. Of which, the export were 625 million USD, up 38.33%. That??s 72.88 percentage points higher than the same period last year. The import were 1.492 billion USD, up 76.78%. That??s 134.02 percentage points higher.
The export to India, Bengal, Japan, Pakistan and Indonesia accounted for 45.73% of the total export. They were the major buyers of Chinese textile machinery. The private companies ranked No. 1 in the foreign trade, with export value 224 million USD, or 35.84% of the total export.
