SHANGHAI, China — January 28, 2016 — The fifth edition of ITMA Asia + CITME has received a huge response from both domestic and international textile machinery manufacturers eager to tap into growth opportunities in China as the country continues its strategic push for quality products, higher productivity and green technologies.
Space applications for the exhibition to be held at the new National Exhibition and Convention Centre (NECC) in Shanghai from October 21-15, 2016, will close on February 29, 2016.
Almost 1,000 manufacturers have already applied for space, according to show owners, CEMATEX, China Textile Machinery Association (CTMA), the Sub-Council of Textile Industry, CCPIT (CCPIT-Tex) and China Exhibition Centre Group Corporation (CIEC).
Gu Ping, Vice President of CTMA, stated: “We have seen a greater number of Chinese manufacturers signing up to exhibit at the combined show this year. Interestingly, nearly 30 percent of the applicants are first-time participants. This attests to the reputation of the combined show as a leading-edge industry platform.”
CEMATEX President, Charles Beauduin, commented: “As the deadline for space application draws near, we are receiving increasing numbers of applications from our members, anxious to secure a booth before the deadline. As expected, interest from both domestic and international machinery manufacturers is strong, as everyone wants to tap into the market opportunities in China.”
Sustaining healthy development of China’s textile industry
Textile machinery manufacturers are leveraging on ITMA ASIA + CITME 2016 as a strategic platform to showcase their latest technologies and products to buyers as China rolls out its 13th Five-Year Plan (2016 – 2020). Under the plan, the Chinese textile industry will focus on industrial transformation and upgrading. Structural adjustments will continue to be made in all sectors, thus expanding opportunities for the further development of textile enterprises and in areas such as industrial textiles.
According to CTMA, China’s textile industry has been making greater investments to stay more competitive. There were a total of 15,235 new projects in 2015. From January to November 2015, fixed asset investments in textile projects of more than 5 million yuan each amounted to 1.09 trillion yuan. This represents a 200 per cent jump from the same period in 2014.
“In view of these positive trends, which will spawn demand for better technologies, and the resounding success of the 2014 combined show, we are confident that participation in the upcoming show will be outstanding,” added Gu Ping.
ITMA ASIA + CITME 2016 is organized by Beijing Textile Machinery International Exhibition Co Ltd and co-organized by MP Expositions Pte Ltd. Japan Textile Machinery Association is a special partner of the show.
The last ITMA ASIA + CITME show in 2014 grossed 150,000 square metres. The show attracted around 1,600 exhibitors from 28 economies and a trade visitorship of around 100,000 from 102 economies.
Posted January 28, 2016
Source: CEMATEX, CCPIT-Tex, CTMA & CIEC