· The auto market will grow at an average annual rate of 7% in the next 10 years

"In the past two years, China's automobile sales growth has slowed down. It is estimated that the annual growth rate of the automobile market will be around 7% in the next 10 years." The 4th China-ASEAN automobile, construction machinery and parts held in Liuzhou, Guangxi on September 20 At the expo, Huang Yonghe, chief engineer of the Automotive Technology and Information Research Institute of China Automotive Technology and Research Center, judged this.
Huang Yonghe said that in the 21st century, private cars began to enter the family quickly. The Chinese automobile market has grown rapidly. The annual sales volume has increased from 2.09 million in 2000 to 21.93 million in 2013, an average annual increase of 19.8%. However, the growth rate of China's automobiles has slowed down markedly in the past two years. "According to the forecast of China Automotive Technology and Research Center, domestic sales in 2015 and 2020 will reach 25.5 million and 35 million respectively, with an average annual growth rate of around 7%."
"Giant energy and environmental protection pressures have brought enormous challenges to the development of the automobile industry." Huang Yonghe said that the city's governance of air pollution, traffic congestion and other issues will lead to deterioration of the car environment. Under this circumstance, the increase in the number of vehicles in the city is likely to cause large fluctuations in the market, leading to the early release of consumption; the increasingly strict environmental regulations and competitive pressures will cause the independent brands to face a greater impact; in the case of the development of the automobile industry in various places, The problem of structural overcapacity will be highlighted.

Spandex Yarn

Spandex Yarn is a kind of polyurethane elastic fiber with excellent properties, which is an ideal textile raw material with high added value. we has a complete range of products, strong stable supply capacity, to meet customer customized needs, to achieve fast and professional services. Our products are characterized by stability, uniformity, high performance and differentiation. They are widely used in high-end underwear, swimwear, socks, jeans, leisure sportswear, ribbons, medical bandages and diapers, leading the trend of leisure, sports and fashion life.


High elasticity, elongation up to 6~7 times, rapid and stable stretch recovery.

Main end products: tights, sportswear, swimsuits and so on.

Air Covered yarn: elastic yarn formed by wrapping the elastic filament (polyester or nylon) on the surface of the spandex filament through the network nozzle under the action of compressed air at a certain pressure, with the stretched spandex filament as the core.

Main end products: socks, weft knitted underwear, leg elastic belt and so on.


100% Spandex Yarn 100% Lycra Yarn 100% 100% Estane Yarn

YIBIN MERRY TRADING CO. LTD. , https://www.cnmerry.com