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ACIMIT optimistic for ITMA Asia + CITME

Opportunities to speed up the joint construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

11th June 2021

Innovation in Textiles
 |  Milan

Clothing/​Footwear

Asia is the main destination for Italian textile machinery manufacturers and 66 companies from the country will present at the upcoming ITMA ASIA + CITME exhibition that opens at the National Exhibition and Convention Centre in Shanghai on June 12th

Of these, 21 manufacturers will be presenting their technology offerings within a national sector group organised by ACIMIT, the Italian Association of Textile Machinery Manufacturers, and the Italian Trade Agency.

With an occupied area of about 3,200 square metres, Italy is among the main exhibiting countries attending the event, as has been the case at previous editions.

In 2020, China accounted for 14% of Italian textile machinery exports with a value of over €190 million, with other main destinations in the region including Pakistan, India and Bangladesh.

“The outlook for the Asian market remains positive, despite the fact that demand for machinery slowed considerably during 2020 due to the pandemic,” said ACIMIT president Alessandro Zucchi. “China, before many other countries, has resumed its path of economic growth and in the textile sector investments have never stopped. I believe that ITMA ASIA + CITME will confirm expectations of a recovery in demand.”

© ACIMIT

“Italian cutting-edge technology can contribute greatly in terms of innovation and the further development of the flourishing Chinese textile industry,” added Massimiliano Tremiterra, trade commissioner for the Italian Trade Agency’s Shanghai office. “In Eastern China, Zhejiang, Jiangsu, and Fujian are the top three provinces for the  textile and garment industry that along with Guangdong and Shandong reach around 80% of the industry’s production capability.

“Italy remains one of the leading suppliers of textile machinery in China for cleaning, dyeing and finishing machines, knitting, stitch-bond, lace and auxiliary machinery. The Italian textile machinery industry’s focus on sustainability and innovation is also in line with the keystones of the Chinese 14th five-year plan and the Made in China 2025 plan. It is the right time for the two countries to start a new round of trade and speed up the joint construction of the Silk Road Economic Belt and the 21st Century Maritime Silk Road.”

www.acimit.it

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