In 2017, sales in the textile machinery market were generally good, with sales growth in almost all product categories.

According to Wang Shitian's analysis, the operation of the textile machinery industry in 2017 reflects four major characteristics: First, the economy of the industry is running smoothly and growing with both quantity and quality improvement. Due to the stable operation of the domestic textile industry as a whole and the pick-up in the domestic and international textile markets, the indicators for the economic operation of the textile machinery industry in our country have been raised. Both the import and export volume of the textile machinery products have achieved positive growth. The textile machinery industry endeavored to adjust and optimize the industrial structure, build a multi-point support system and follow the pace of development of the "One Belt and One Road". The operating conditions in the first three quarters of 2017 were better than the same period of last year, and the economic indicators such as main business revenue and total profit realized year on year Double-digit growth.

Second, there has been a marked improvement in the structural adjustment of the industry. Wang Shurian said that progress is reflected in many aspects. For example, at the national policy support level, a large number of textile machinery smart manufacturing projects have been supported and some successful results have been achieved in pilot projects in some key areas. Textile machinery product structure adjustment achieved more product variety richer. In the 1980s and 1990s, the output of cotton spinning equipment accounted for more than 40% of the textile machinery industry, accounting for 30% of the total. This does not mean that the total amount of spinning equipment itself has decreased, but that the other sub-sectors are growing rapidly. For example, knitting machinery and non-woven fabric equipment rapid growth. In particular, there has been a leap forward in the field of chemical fiber equipment and non-woven fabric equipment, which were relatively weak in the past. In these areas, the timely introduction of new models has played a positive role in promoting the structural adjustment of the textile industry. Textile machinery product structure more reasonable. In addition, around the energy saving and intelligent, developed a lot of new products.

Third, textile machinery enterprises attach more importance to technological innovation and have made breakthroughs in many technical fields. In the recently awarded 2017 China Textile Industry Federation Science and Technology Award, four textile machinery projects won the first prize. "To rely on products and technology to win the market" has become the consensus of textile enterprises. Major textile machinery industry enterprises to speed up the establishment of scientific and technological innovation mechanism, increase investment in technology research and development. According to the survey carried out by the China Textile Machinery Association on technically representative backbone enterprises in the industry, the amount of investment in technological development of enterprises accounts for the continuous increase in the proportion of sales of the enterprises in the current year. In addition, in product development, the establishment of a combination of production and research stable mode.

Fourth, business management and industry self-regulation have improved. Wang Shuda believes that in recent years, China's textile machinery business more standardized, more scientific management. In July 2017, Fujian Rui Neng Technology Co., Ltd. successfully listed on the Shanghai Stock Exchange, additional new members of the textile machinery listed companies. In October 2017, Guangdong Jinlu Technology Co., Ltd. successfully landed on the New Third Board capital market. Textile machinery enterprises listed or in the new three board listing, all aspects of operation more standardized, more open and transparent business management. Following the receipt of the "National Textile Industry Quality Award", Jinnv Cloth (Jiangsu) Co., Ltd. was awarded the "National Quality Award Encouragement Award" in 2017.

In addition, in the field of self-regulation of the industry, in view of the more serious low-cost sales and credit sales in the loom field, the major domestic manufacturers of rapier looms have signed the self-regulation convention, which is basically implemented in accordance with the convention of self-discipline convention. Nearly a stage, high-grade rapier loom market has been going well, the supply of products in short supply, most of the rapier loom business sales down payment and the balance of the recovery period are higher than the self-discipline convention requirements, China Textile Machinery Association received a complaint of unfair competition less. Subsequently, the printing and dyeing machinery industry, the circular weft machine industry issued a "self-regulation industry self-regulation" or "self-discipline of the Convention," called for healthy competition in enterprises, and promote the orderly and healthy development of the industry.

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