Industrial Textiles to Embrace Multibillions RMB of Market Potential

Leaders from China Nonwovens Industrial Textile Association told China Textile Leader that the 12th Five-Year Plan of China Nonwovens Industrial Textiles Industry will be rolled out soon this year. For the next five years, market potential in this sector could exceed 1000 billion RMB.

Statistics released by the Statistics Center of China National Textile and Apparel Council suggested that industrial textiles maintained an annual growth of 18 percent in the recent two years. In 2009, overall output of industrial textiles reached 7.232 million tons, 240 billion RMB, becoming a novel industry intercrossing textile and new material industry.