Although the growing pace of the textile machinery industry slowed down in 2014 under the background of slower growth of China’s textile industry and shrinking demand on domestic market, textile machinery manufacturers’ independent innovation ability has improved and remarkable progress has been made in upgrading science and technology through sustained product development and restructuring, said Mr. Wang Shutian, chairman of China Textile Machinery Association at the annual board meeting recently held in Hangzhou.

Wang points out that with the restructuring of the textile industry, the textile machinery market will pay more attention to highly automatic, labor-saving, energy-saving and emission-reducing machines, therefore, digitized, network-based and intelligent textile machinery will have great opportunities and market potential.

The annual board meeting provides the textile machinery industry with an important platform for getting industry- and market-related information and discussing future development orientation. During the meeting, Mr. Gao Yong, vice president of China National Textile and Apparel Council analyzed the problems met by the textile industry under the new normal state of economy and expressed his ideas on the development of the industry in the forthcoming five years. Gao Yong said that in the new normal of economic growth, China’s manufacturing industries suffer from many symptoms such as insufficient development potential and financing bottlenecks and enterprises remain in difficult situation. Meanwhile, domestic cotton market and cotton consumption remain complicated; the task of absorbing surplus chemical fiber production capacity and readjusting structure remains very hard; the industry bears greater pressure of energy-saving and environment protection; the reallocation of the textile industry encounters new situation and new problems; small- and medium-sized enterprises are still struggling for survival; the textile industry may develop at medium-low growth rate in the next five-year period. He particularly points out that the source of energy-saving and emission reduction should start from machinery and equipment. Practice shows that textile industry has great energy-saving potential.

In a sense, the competitiveness of printing & dyeing enterprises lies in the capability of energy-saving and emission reduction. However, domestic textile machinery builders have not paid enough attention to this aspect.

Wang Shutian points out that only by technical innovation, industry upgrading and readjusting product structure can the textile machinery industry cope with the new normal state. In 2015, the textile machinery industry will continue to accelerate restructuring and develop energy-saving and emission-reducing equipment; strengthen R&D on basic special parts and improving the ability of independently developing key components and accessories; facilitate the technical reform of textile machinery enterprises and the integration of information technology with manufacturing technology and promote the advancement of process technology and numerical control level of textile machinery manufacturers.

During the meeting, it was also announced that Guangdong Fengkai Machinery Co., Ltd., Shaoxing Shuifu Textile Equipment Co., Ltd., Zhejiang Rifa Textile Machinery Co., Ltd., Zhejiang Jinfeng Textile Machinery Co., Ltd. and Shandong Companion Group will join the “Product R & D Center of China Textile Machinery Industry”.

Source: China Textile Leader Express