Italian Textile Machinery Sales To China Grew 75% In Q1 2021

Rendezvous

Italian Textile Machinery Sales To China Grew 75% In Q1 2021

How do you gauge the business and investment sentiments during Itma Asia? Despite the lack of foreign visitors and the small number of Chinese ones, Italian exhibitors at ITMA Asia + CITME confirm that the Chinese market appears to be recovering. I can add that in the first three months of 2021 Italian sales on the Chinese market have grown by 75% compared to the first quarter of 2020. This is definitely a sign of recovery of the most important world market for textile machinery. Has business and travel confidence improved due to ITMA Asia + CITME? ITMA ASIA + CITME was the first trade show to bring exhibitors and visitors back in attendance after a long time. I hope it will be the first step towards a resumption of trade show activity for the textile machinery industry worldwide. Moreover, with the diffusion of the vaccination campaign in various countries, I believe that a return to normalcy is possible in the near future also for the many trade shows of the sector. After Itma Asia do you expect machinery exports to pick up? Even before ITMA ASIA + CITME, Italian textile machinery exports recorded a year-on-year increase (+12%) in the first quarter of 2021. This testifies to a general recovery of investments in the textile sector.