Official statistics showed that China’s knitting industry has contributed RMB156.245 billion to the Gross Industrial Output Value in Jan – May 2010, witnessing an increase of 22.21% and a growth rate at 14.56% respectively as compared to the statistics of last year. Meanwhile, total sales value accumulated to RMB152.356 billion, showing an increase of 21.26% and a growth rate at 14.21%, which is an apex since 2008; The sales/output ratio met 97.51%, the industry’s production and sales is running smoothly. Therefore, China’s knitting industry has been recovered from the financial crisis and is developing steadily.
Modern exhibition is the best platform for enterprises’ product launching and brand showcasing, the development of the industry’s trends and directions have been witnessed. The 11th China (Yiwu) International Exhibition on Hosiery machinery, Knitting machinery, Dyeing machinery & Finishing Machinery (herewith below “YIWU H&G”), which will be held on 24-26 November 2010 at Yiwu International Expo Centre, has steeled itself through the past 10 years and become the top professional exhibition specializing in knitting technology, especially on hosiery and seamless underwear machineries. Most of the domestic and overseas industry players would regard it as a ‘must-go’ knitting exhibition every year.
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