SHANGHAI – The fourth combined ITMA Asia + CITME show, which provides an exhibition platform for textile machinery manufacturers eyeing the vast China market, will take place 16 - 20 June 2014 at the Shanghai New International Expo Centre.
Charles Beauduin, president of exhibition owners CEMATEX, said: “The opportunities presented by China’s huge market remain an attraction for machinery manufacturers from around the world. With rapid technological advances in the textile machinery industry, the market is seeing the emergence of more efficient machines at competitive prices.
“Having held three successful presentations of the ITMA ASIA + CITME show since its launch in 2008, we are confident that the upcoming showcase will be the most effective marketing and sourcing platform for both Chinese and international textile and textile machinery manufacturers.”
A forecast by Global Industry Analysts (GIA) suggests the global market for textile machinery will reach US$22.9bn by 2017, with a major shift in demand from traditional machinery to advanced technologies. The Asia Pacific region remains the fastest growing market for textile machinery.
The Chinese textile industry invested CNY779.3 billion in fixed assets in 2012. This is in line with one of the priorities under the China government’s 12th Five-Year Plan (2011 – 2015) to raise technological advancement and improvement in craftsmanship and equipment to an international level for the textile and other industry sectors. The development and application of high-technology fibres and environment-friendly technologies which contribute to a more sustainable textiles sector, will be the focus of China’s textile industry in the coming years.
The last ITMA ASIA + CITME show in 2012 spanned over 130,000 sq m of the Shanghai New International Expo Centre (SNIEC) and received trade visitors of 92,000 from 106 countries and regions.
To apply for space or for more information, visit www.itmaasia.com or www.citme.com.cn