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| Author: | |
| Title: | Recovery in sewing machine industry in China (original in Chinese) |
| Journal: | Chinese Economic Information (c)
1996 : 21, p.15 |
| Index terms: | TEXTILE INDUSTRY MACHINERY INDUSTRY EQUIPMENT |
| Language: | chi |
| Abstract: | It is reported that, in the Outline of the Ninth Five-Year Plan and the long-term targets through the year 2010, the clothing production will grow at a rate of 8% and the export will reach US$ 50 billion by 2010. But with regard to the machines now in use, those of late 80s accounts for 6% only and of 80s and late 70s for 10%, the rest are all obsolete. To satisfy the need of upgrading clothing production, about 500 ,000 sewing machines worth US$ 0.4-0.5 billion have to be imported every year. The aforesaid figures show that there will be an inevitable great demand for up-to-date sewing machines in China. |
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