China's textile machinery production areas are mainly concentrated in Wangtai Town, Huangdao District, Qingdao City, Shandong Province, China, and some textile machinery production plants are also distributed in Jiangsu and Zhejiang.
Among the above regions, the textile machinery industry in Wangtai Town is the most developed. There is a saying in the textile industry that "80% of the world's looms come from China, and 85% of China's looms come from Wangtai Town", which shows the status of Wangtai Town in the field of textile machinery.
The production and sales of carding machines in the town account for 3/4 of the national market share, and the production and sales of water jet looms account for 1/2 of the national market share, and are exported to Japan, South Korea, Australia, Africa and other countries and regions.
The current status of textile machinery exports:
Since 2000, China's textile machinery has achieved a leap in domestic market share and a comparative export advantage from scratch, and has become one of the categories with the strongest export comparative advantage in machinery categories. According to an exclusive interview with the Textile Industry Federation of "Beijing Modern Business Daily" and "People's Daily (Overseas Edition)", the share of China's textile machinery in the domestic market has increased from 37% in 2001 to more than 80% in 2019. A leap forward. Looking at the time interval from 2000 to 2019, a variety of machinery trade products have gained comparative advantages, mainly the sub-items of general machinery in Chapter 74. The displayed comparative advantage of textile machinery has grown from scratch, and textile machinery Machinery is one of the subcategories with the largest increase in comparative advantage, and papermaking machinery has initially gained comparative advantage in export.
