China leading circular knitting machinery manufacturer, Xiamen Zhenlihua Industry & Trade Co., Ltd. has successfully attended the 16th International Exhibition on Textile Industry June 10th – 13rd, 2013 at Shanghai New International Expo Centre.

Two circular Knitting machines were showed at out Booth W2D12, one was double jersey circular knitting machine 34 inch 40G84F and the other one was negative terry machine 30 inch 26.5G48F.

ShanghaiTex comes every 2 years and the last edition in 2011, the exhibition covered 92,000 sqm with over 1,000 exhibitors from 23 countries and regions while the visitor attendance reached a record high 55,080 trade visitors.

The 16th International Exhibition on Textile Industry, organized byShanghai Textile Holding (Group) Company, Shanghai International Trade Promotion Committeeand Shanghai International Chamber of Commerce; Undertaken by Shanghai Textile TechnologyService & Exhibition Center, Shanghai International Exhibition Service Co., Ltd., and Hong KongAdsale Exhibition Services Ltd. will be held on 10th-13th June 2013 at Shanghai New International Expo Center with scale of 100,000 square meters.
2012, is the important year for the textile industry of China with its structure adjustment and industrial upgrading. SHANGHAITEX 2013, is an efficient, environmentally and developingplatform for the companies to display their high automation, energy saving, new processes and new R & D technology to the users and get the recognition from them, holding the greatopportunities.
Along with the crucial year of “Second Five”, the “12th Five-Year” Development Guidance of Textile Machinery Industry proposed that, it would focus on developing 8 kinds of high-end textile technology & equipment , speed up technology R & D and industrialization of 50 types of textile machinery , and actively promote the 38 pieces of advanced and applicable products / technologies of textile machineries in the seven areas. At the key time of the “50 +38″ Project , undoubtedly,enterprises will be able to find their appropriate project investment and development with solid support of SHANGHAITEX2013. As the exhibition is not only the best platform for you to display their brands and advanced technology, but also can promote the communication between the business and customers in order to help you to achieve the rare opportunity of business innovation.

Industry Background
As China is the big country in textile production and export, China’s textile industry has stong competitive advantages after years of development, with the most completitive industrial chain,the highest processing level , numbers of developed industrial clusters to deal with market risks and grow self-regulating capacity , to rovide a solid guarantee to maintain a steady development of the industry.

In January-November 2007, the above-scaled textile enterprises realized a total industrial output value RMB1,690,091,131,000 with an increase of 21.46% over the same period last year;achieved total salesIncome RMB 1,625,893,972,000 with an increase of 21.22% over the same period last year; cumulated total profit of RMB 61,878,749,000 with an increase of 31.27% over the same period last year. In January-February 2008, the above-scaled texitle enterprises realized a total industrial output value of RMB 270,235,318,000 with an increase of 16.44% over the same period last year; achieved total sales revenue RMB 255,274,904, 000 with an increase of 17.08% over the same period last year; cumulated total profit of RMB 7,551,666,000 with an increase of 17.14% over the same period last year. As of the end of February 2008, the number of above-scaled texitle enterprises has reached to be more than 28,174.

From the international environment, there is still a large space of development and opportunity at the international market. With the end of 2007 China-EU textile restrictions expiring, and the end of 2008 China-USA textile quota restrictions ending. The time of no quota era for Chinese textile product is coming, accounting for the full liberalization of the global textile market with more than 60% share of the region. And in the next few years, the world economy will continue upwarding, that is bound to promote the growth of international trade. All that above will bring great opportunities to Chinese textile trading with a favorable international market protection.

From the domestic economic environment, domestic demand will become an important driver of industry growth. At present, about 80% of Chinese textile products in under the domestic consumption.With the sustained and rapid growth of the domestic economy, the further development of the domestic market will be boosted by the stability income increase.

At this key time, Chinese textile enterprises should overcome the difficuties of current increase of raw material price, appreciation of the RMB and the adjustment of export tax rebate; And seize the opportunities of development of the textile industry to improve the degree of concentration of the industry , curbing inefficient blind expansion of production capacity, increaseing the construction of
the characteristic industrial park, strengthening the pace of independent innovation, enhancing the brand building and industrial restructuring & upgrading, to support China to update from a big texile power to strong texile power.

To expand Circular knitting machinery business in Indonesia market, Xiamen Zhenlihua Industry & Trade Co., Ltd. attended the INDO INTERTEX 2013 Fair from 18th to 21st April 2013 at Jakarta International Expo, Kemayoran, Jakarta.

One set of single jersey circular knitting machine of 36inch 28G108F was showed at our stall No.A717, which was running with 75D polyester and 20D spandex yarns.

Indonesia market continues to experience a period of strong economic growth, and it currently ranks after China and India as being the third fastest growing economy among G20 member countries. According to The World Bank, Indonesia is now the world’s 18th largest economy at US$650 billion with a growth rate expected to reach 6.3% in 2012, potentially 7% by 2013 and 8% by 2014 — exceeding the growth rate of both China and India within 10 years.

At the same time, within last two years, the textile industry turned in above-average real growth of seven percent. Investment is expanding in almost all areas. With foreign and domestic investment at US$18 billion in 2010 targeted to increase to US$40 billion by 2015, Indonesia will be the main attraction for investors after China and India.

Coming Event Alert: KnitWorld 2014 20th International Exhibition, 15 – 18 March, 2014, Booth No.: B20A. Welcome to visit us on the KnitWorld 2014 20th International Exhibition on Knitting-garment-allied machine & accessories!

Welcome to be present at our Stall B20A in this fair with the company title “Zhenlihua Industry & Trade” which specialized in circular knitting machine manufacturing & services.

We attended the Mumbai ITME 2013 fair in the Bombay convention & conference center in December, 2012, as our first step to India market and have achieved great achievements.

We would like to make more efforts in India textile machinery market and to become a well known knitting machine brand on the basis of the premium quality and competitive price of our knitting machine.

Welcome to be present at our Zhenlihua Booth # 717 on the DTG 2014 Expo!

The 20th KNITWORLD 2014 has been serving the industry for the past twenty years. ‘KnitWorld’ is widely known for its state of art technology presentation for the Knitting-Garment- Allied Machines and Accessories.