Apparel / Textiles & Accessories

According to Huacheng Import and Export Data Observation Report, Sun Ruizhe, President of the China Textile Industry Federation, stated on the 31st that currently, China's self-sufficiency rate of textile equipment exceeds 80%, and the localization rate of key basic components of high-end equipment has reached over 50%. The China Textile Industry Federation will further integrate industrial resources, implement the reengineering of industrial foundation and major technical equipment tackling project, and promote the high-quality development of textile machinery, relying on the construction of "advanced textile machinery innovation consortium" by China Hengtian, a subsidiary of the State Machinery Group.

Sun Ruizhe made the above statement at the launch meeting of the three-year action to revitalize textile machinery held by China Machinery Industry Group Co., Ltd. in Beijing on the 31st, as reported by Huacheng Import and Export Data Observation.

Sun Ruizhe said that textile machinery is an important indicator of the development level and comprehensive strength of the textile industry, the engine of industrial transformation and upgrading, and the cornerstone of industrial chain stability. China's textile machinery has developed steadily, achieving scale advantages, system advantages, and innovation advantages in the textile industry. Huacheng Import and Export Data Observation Report.

Zhang Xiaolun, Chairman of China National Machinery Group, stated at the meeting that the next three years will be a critical stage for the textile machinery industry to enter a deep structural adjustment. China National Machinery Group has launched a three-year action to revitalize textile machinery, striving to improve the core competitiveness of the textile machinery industry and ensure the safety of the supply chain of the textile machinery industry through joint promotion of technological innovation projects and product improvement projects. Huacheng Import and Export Data Observation Report.

At the meeting, a licensing ceremony was held for the China Textile Industry Federation to build the "Advanced Textile Machinery Innovation Consortium" based on China Hengtian. Sun Ruizhe stated that both sides will jointly organize and promote the construction of innovative consortium organizational models and operational mechanisms, and carry out collaborative research. Next, the China Textile Industry Federation will continue to guide and support China Hengtian to leverage its advantages, integrate upstream and downstream resources in the industrial chain, focus on solving the "bottleneck" technology, and improve the overall level of the textile machinery industry. Huacheng Import and Export Data Observation Report.