In the fourth quarter of 2005, with the steady decline of the prices of raw materials such as steel and the easing of the tension of coal, electricity and oil transportation, various economic indicators of China's textile machinery industry showed a significant growth trend over the previous three quarters, thus driving the major economic indicators of the whole year to have a significant growth over the previous year. According to the statistics of 731 textile machinery and textile equipment manufacturing enterprises in the industry by China Textile machinery and equipment industry association, the total industrial output value (current price) of the whole industry in 2005 was 46947 million yuan, an increase of 23.42% over the same period last year; The product sales revenue was 45.365 billion yuan, an increase of 22.62% over the same period last year; The total profit was 2.336 billion yuan, an increase of 14.27% over the same period last year (the total profit in the first three quarters was 1.505 billion yuan, a year-on-year decrease of 0.37%). There were 98 loss making enterprises, with a year-on-year increase of - 12.50%; The loss was 13.41%, a year-on-year increase of - 1.96 percentage points, and the loss was 169 million yuan, a year-on-year increase of 32.15%; The profit margin of output value was 4.98%, with a year-on-year increase of - 0.40 percentage points.

Product sales revenue continued to grow, and the growth of production and sales in various regions was different. In terms of the year-on-year sales revenue of textile machinery products by province and the total product sales revenue, Jiangsu Province is 12.278 billion yuan, accounting for 27.07% of the total product sales revenue, ranking first. The top five provinces are Hebei Province, Shaanxi Province, Shandong Province, Zhejiang Province and Jiangsu Province. The top five provinces and cities were Jilin Province, Chongqing, Jiangxi Province, Guangdong Province and Tianjin. From January to January and February 2005, the product sales rate of the whole textile machinery industry was 97.42%, with a year-on-year increase of 0.04 percentage points.

Accounts receivable continued to increase. From January to December 2005, the accounts receivable of the whole industry was 6.672 billion yuan, with a year-on-year increase of 18.09%, accounting for 22.98% of the average balance of current assets. In terms of regional distribution proportion, the eastern region accounts for 86%, the central region accounts for 12%, and the western region accounts for 2%. Among them, Jiangsu Province in the eastern region accounts for 34%, Zhejiang Province accounts for 29%, Shanghai and Shandong Province account for 8% respectively, and other provinces account for 21%.

From the inventory of finished products, the finished products from January to December 2005 were 3.898 billion yuan, a year-on-year increase of 4.07%, accounting for 13.42% of the average balance of current assets. In terms of the proportion of regional inventories of industrial finished products, the eastern region accounts for 81%, the central region accounts for 15% and the western region accounts for 4%. Among them, Jiangsu Province in the eastern region accounts for 25%, Zhejiang Province accounts for 20%, Shanghai accounts for 14%, Shandong Province accounts for 11% and other provinces account for 30%.

The export of products still maintained a substantial growth. According to the statistics of 731 manufacturing enterprises by the Textile Machinery Association, the total export delivery value in 2005 was 5309 million yuan, an increase of 44.85% over the same period of last year. In terms of the proportion of export delivery value, the eastern region accounts for 96% and the central region accounts for 4%. Among them, Jiangsu Province in the eastern region accounted for 23%, Zhejiang province accounted for 19%, Shanghai accounted for 10%, Shandong province accounted for 5%, and other provinces and cities accounted for 43%. In terms of total export volume, Guangdong Province ranks first. In addition, according to customs statistics, the total import and export volume of China's textile machinery from January to December 2005 was US $4.316 billion. Among them, the import amount of textile machinery was 3.445 billion US dollars, a year-on-year increase of - 24.06%. The export amount of textile machinery was 871 million US dollars, a year-on-year increase of 30.34%.