According to the latest global sales data released by the International Spinning Federation last year, the global textile machinery market is mainly in Asia, and China's purchasing power accounts for more than 60%, but the growth rate has slowed down.

     In 2013, China's textile machinery imports totaled 4.222 billion US dollars, an increase of 0.04% year on year; in the first quarter of this year, imports totaled 1.100 billion US dollars, an increase of 21.56% year on year. Therefore, from these data, China's textile market demand for advanced foreign equipment has not weakened.

    Data released by China Textile Industry Federation show that in 2013, China's textile machinery industry accelerated the adjustment of product structure and technological upgrading according to the objective needs of upgrading the textile industry, and the overall level of the industry has improved significantly.

    Spinning machine products in the technical level, product quality and other aspects have been greatly improved. Although the domestic market demand has narrowed, exports have maintained growth and the overall operation of the industry is in a steady state.

    According to the statistics of China Customs, the cumulative total import and export volume of textile machinery in 2013 was 6.739 billion US dollars, an increase of 43.2% compared with the same period of last year. Among them, textile machinery export was 2.519 billion US dollars, an increase of 12.36% compared with the same period of last year, and import was 4.222 billion US dollars, an increase of 0.04% compared with the same period of last year.