China's textile equipment production is rapidly becoming self-sufficient, with the country producing more than 80% of its textile equipment, according to the China National Textile and Apparel Council.
The council revealed that the localization rate of key components for high-end textile equipment has surpassed 50%, indicating China's growing ability to produce high-quality equipment with locally-made components.
China's textile and clothing exports have seen a stable growth in 2022, with data from the council indicating an export volume of 323.3 billion U.S. dollars. With China's increasing self-sufficiency in textile equipment production, the country is poised to solidify its position as a global leader in the textile and clothing industry.
The Chinese government has made significant investments in the textile and apparel industry, which has been a significant contributor to the country's economy for decades. The industry's focus on localization is also in line with the government's efforts to boost domestic innovation and production.
Industry analysts believe that China's growing self-sufficiency in textile equipment production will reduce the country's reliance on imported machinery and components, thereby strengthening the industry's resilience to global supply chain disruptions. Additionally, it is expected to enhance the competitiveness of Chinese textile and clothing manufacturers in global markets.
The localization of high-end textile equipment components and China's increasing self-sufficiency in textile equipment production are significant developments in the country's textile and apparel industry.
The council is committed to guiding and supporting relevant companies in the industry to integrate upstream and downstream industrial chain resources, improve technological bottlenecks, and enhance the overall level of the textile machinery industry.
