Analysis Of Opportunities And Challenges For China's Sewing Machinery Industry In 12Th Five-Year

With the weakening of the global economic stimulus policies, the economic growth rate has slowed down. China's manufacturing industry has been affected by new and old factors as well. What is the running state of sewing machinery in China in the year 12th Five-Year, and how will the industry develop in the future?

In the first half of 2011, the sewing machinery industry continued to grow, and the institutional adjustment was accelerated. The scale of the industry has been further expanded, the total output value of industrial output has increased by 23.59% compared with 2010, and the sales value of industrial output has increased by 26.55% over 2010. In the first half of 2011, production and sales continued to grow in all regions of the country.

At present, the domestic sewing machinery industry has four operational characteristics.

First, the relationship between supply and demand is gradually balanced, and the growth rate of production and marketing has slowed down.

The two is: because of the domestic sales of sewing machines, the sales of sewing machines that have been booming for more than a year have been digested by the market demand accumulated during the financial crisis, and the market structure of sewing machines will change.

Three is: with the acceleration of the upgrading of downstream industries such as clothing, efficient, energy-saving, special functions of Mechatronics sewing equipment will go up substantially. The product structure adjustment process accelerated and the overall benefit increased significantly.

The four is: the supply capacity of sewing machinery enterprises has been significantly enhanced, the supply of spare parts in the industry has been reduced, and the pace of transformation and upgrading of sewing machinery industry has been quickened.

The "12th Five-Year plan" of the industry clearly mentioned that at the end of 12th Five-Year, the sewing industry's innovation capability will be close to the international advanced level. The quality and brand basically have the strength to compete with the internationally renowned enterprises on the same platform. The industrial structure and profitability level has the ability to support the healthy and sustainable development of the industry, and the industry achieves the goal of making the first step toward the global sewing machine power. In the coming period, China's sewing machine industry will face challenges and opportunities. On the one hand, under the influence of unfavorable factors such as the uncertainty and instability of international economic growth and the adverse factors such as the rising price of raw materials and the continuous appreciation of RMB, the survival pressure of domestic sewing machines will be further increased. On the other hand, with the further adjustment of domestic textile and garment related industries and the arrival of the traditional sales season, there will be many opportunities for sewing machinery development.