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The Status Quo Of China's Sewing Machinery Industry
- Aug 31, 2018 -

From the import and export data, the total import and export trade volume of China's sewing machinery industry in 2011 exceeded the highest record in history. According to the statistics of the General Administration of Customs, the total import and export trade of sewing machine products and parts in China in 2011 was US$2.41 billion, an increase of 21.72% over 2010. Among them: exports of US$2.0 billion, an increase of 24.21%; imports of US$410 million, The growth was 4.19%; the trade surplus was 1.59 billion US dollars. The export of the industry remained at a high level throughout the year, and the monthly export volume set a record for the three consecutive months of the highest monthly export volume. In July, the export volume was as high as $205 million.

In 2011, it was the first year of the “Twelfth Five-Year Plan”. The China Sewing Machinery Association identified it as “the quality of the industry over the years” and released the “12th Five-Year Development Plan for China’s Sewing Machinery Industry”. Adhering to the overall development ideas of “innovation-driven, transformation and upgrading, steady growth, and quality first”, it has pointed out the direction for the industry to achieve sustainable development of the strong country development strategy.

"China's sewing machinery industry "12th Five-Year" development plan" shows that as of the end of the "Eleventh Five-Year Plan", China's sewing machinery industry has about 830 sewing machine manufacturers (including foreign-funded enterprises), including sewing machine 620 manufacturing companies, non-sewing sewing machine manufacturers (Note: mainly refers to other inspection, cutting, spreading, ironing, bonding, needle inspection, hanging, laser and other related seams besides sewing function There are about 210 factories and more than 1,000 parts and components manufacturers, mainly distributed in six major producing areas such as Beijing-Tianjin-Hebei, Shanghai, Jiangsu, Zhejiang, Guangdong and Shaanxi. During the “Eleventh Five-Year Plan” period, the industry has completed a total output of 74.96 million units, with an output value of 193.5 billion yuan, a profit and tax of 9.26 billion yuan, a total export of 53.929 million units, and an export value of 7 billion US dollars.

During the “Eleventh Five-Year Plan” period, the total economic volume of the industry maintained growth, the quality of economic operations continued to improve, the added value of export products increased rapidly, and the annual economic growth rate was 11.5%. Major breakthroughs were made in product structure adjustment, such as mechatronics joints. The proportion of equipment increased from 2% at the end of the "Tenth Five-Year Plan" to 25.04%, and the proportion of computerized sewing machines in the total output of sewing machines increased from 5% to over 36.5%. The annual output of special industrial sewing machines accounted for the total of industrial sewing equipment. The proportion of the volume increased from 3% to 9.5%; the corporate structure was further optimized.