Textile Machinery industry start to get better

Year 2009 is a tough experience for industry of textile machinery. A series of state stimuus policy play an important role in the improvement of textile machinery industry.

In order to promote economic development, the state has adopted a series of positive policies to encourage the development of foreign trade and to maintain export market share. We will support small and medium-sized enterprises in exploring international markets, cultivating export brands and establishing independent marketing networks.We will implement cross-border RMB settlement and expand the scope of RMB swap agreements to help enterprises avoid exchange rate risks and promote bilateral trade.The introduction of the textile industry adjustment revitalization plan......These favorable policies provide favorable support for the recovery of the textile machine industry.