Let's Head East. It's China's Turn To Play Hostess

摘要

Like the rest of the world, China's nonwovens industry is facing its share of challenges-rapid changes raw material prices, currency fluctuations and a global economic crisis. The industry was also challenged by declining exports and decreasing corporate profits. Add this up and one might think China's heyday is finally over.rnNot so fast.rnChina's national income continues to improve and a series of government policies have greenlit a number of new projects within the nonwovens industry, driving up production levels and improving technology.rnAccording to a recent survey of the China Nonwovens Information Center, nonwovens production in China reached a record 1.3 million tons in 2008, the first time per capita consumption, at 1 kg, exceeded the global average, 0.92 kg. This represented a growth rate of 17%, significantly higher than China's GDP growth of 9% in 2008. Spunmelt was the largest technology in China but all of the main nonwovens technologies are well represented in the country.