There is good scope for development of industrial textiles in China, according to industry experts.

 

Last year, China’s industrial textiles sector showed rapid and healthy development and industrial added value grew by 13 percent. The main business revenue and profits of large-scale enterprises also increased.

 

According to experts, industrial textiles are more used in high-tech products, and are closely linked with environment-friendly, new materials, new energy and other strategic emerging industries. In fact, it offers the best link between the traditional textile industry and strategic emerging industries.

 

Analysts expect the Chinese investment to increase in infrastructure construction, health care, national defense and security, environmental management and other aspects, creating a large domestic market for rapid development of the industrial textile industry.

 

Investment in China’s industrial textiles industry is likely to increase this year compared to last year, but the investment will be mostly towards enhancing production capacity of high-end products, equipment upgradation and business transformation.

 

Meanwhile, the international market for industrial textiles is also expected to maintain steady growth.

 

At a time when China’s traditional textile and apparel industry is facing fierce global competition, the acceleration of development of the industrial textile industry by transformation and upgrading will be important to achieve a stronger growth, according to experts.