Shang Pu consulting industry analyst pointed out: in 2009, China's Ministry of Industry issued the "guiding opinions on the adjustment of textile machinery industry institutions", pointed out that we should increase financial support for textile machinery enterprises, and qualified textile machinery enterprises support the development of corporate financing channels such as issuing corporate bonds and short-term financing, and encourage textile machinery enterprises.

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China's textile machinery manufacturing industry has maintained rapid development momentum in recent years.

By the end of 2010, the total assets of the industry reached 77 billion 613 million yuan, an increase of 27.78% over the same period last year, and the industry achieved 81 billion 565 million yuan in sales revenue, an increase of 42.13% over the same period last year.

By the end of 2011, the total assets of the industry reached 100 billion 237 million yuan, an increase of 29.15% over the same period last year, and the industry achieved 111 billion 589 million yuan in sales revenue, an increase of 36.81% over the same period last year.

By the end of 2012, the total assets of the industry reached 125 billion 757 million yuan, an increase of 25.46% over the same period last year, and the industry achieved 139 billion 62 million yuan in sales revenue, an increase of 24.62% over the same period last year.

By the end of 2013, the total assets of the industry reached 160 billion 504 million yuan, an increase of 27.63% over the same period last year, and the industry achieved 175 billion 899 million yuan in sales revenue, an increase of 26.49% over the same period last year.

Overall, after the downturn in industry growth in 2008, the scale of industry expansion has accelerated significantly in the past two years, and the overall development trend is good.

along with

The development of textile

Industry scale is expanding rapidly, and industry competition is also increasing.

In order to seize the market opportunities in the fierce competition, the domestic excellent textile machinery manufacturers pay more and more attention to the research of the industry market and the development of their own technological innovation ability. Therefore, a large number of excellent domestic brands have risen rapidly and become the leaders of the industry in China and even in the world.

"2014-2017 years' analysis and investigation report on China's textile machinery and wool market" released by Shang Pu consulting shows that: from a global perspective, the competition of textile machinery manufacturing industry in the past mainly concentrated on textile machinery production power in Germany, Italy and Switzerland.

But in recent years, with the impetus of domestic and Asian market demand, the scale of China's textile machinery manufacturing industry is expanding. China is changing from one of the largest textile demand markets to the Asia textile manufacturing center and even the world spinning manufacturing center.