Updated Textile Machinery Imported up 21.6% by Aug,2006
Source: CCPIT TEX Date: 2006-09-27
It is released by China Customs General Administration that the Shanghai's latest statistics showed that China's textile exported to Europe and the United States in the establishment of quotas, textile trade disputes frequently exacerbate the situation and competition in the international market, China's textile enterprises to import a large number of high-end textile machinery, clearly accelerating the pace of upgrading equipment.
According to Shanghai Customs statistics, the first eight months of this year, Shanghai port imported 710 million U.S. dollars of textile machinery and parts, 21.6 percent growth over the same period last year, unit prices rose across the board.
Among them, 270 million U.S. dollars of imports from Japan, a year-on-year increase of 83.2 percent, respectively from Germany and Italy for 160 million U.S. dollars of imports and 090 million U.S. dollars.
Notably, the import enterprises, the rapid growth of foreign-invested enterprises and private enterprises, each with almost 30 percent of total imports, reflecting its ability to take the initiative on the international market.
Within this total, the value of imports of equipment by foreign-invested enterprises to invest 210 million U.S. dollars, an increase of 20.2 percent private enterprises import 210 million U.S. dollars, a year-on-year increased 78.4 percent, the share accounted for by the city's textile machinery imports rose 20 percent last year to 30 percent.
According to the briefing, as the traditional textiles and apparel products has become increasingly high-tech features of computerized textile machinery, mechanical and electrical integration technology is increasingly demanding.
Subject to export quotas, and the RMB exchange rate and increased lower grade products such as a combination of factors, the first eight months of 2000, total exports of clothing and Shanghai Port businesses 22.25 billion U.S. dollars, an increase of 11.1 percent, an increase of 16.2 percentage points less than the same period last year shows that the textile and garment enterprises exporting more difficult.
Not commensurate with the country's textile and apparel exports, domestic textile machinery situation is not optimistic.
Compared to imported products, textile machinery industry made a serious issue of convergence products, the high cost of long-term, the majority of middle and low and could only be applied to small garment factory, in particular looms, knitting machines and finishing equipment and other products, technological level has been relatively weak.
A non-woven machines, the speed air-jet loom is only about half that of similar products abroad, 90 percent more than high-end products have to be imported.
Source:CCPIT TEX
