The localization rate of key components for high-end textile equipment has surpassed 50 percent, according to the council’s president Sun Ruizhe.
The council will continue to guide and support relevant companies in the industry to integrate upstream and downstream industrial chain resources, focus on addressing technological bottlenecks, and improve the overall level of the textile machinery industry, Sun said.
China’s exports of textile and clothing products registered stable growth in 2022, with an export volume of 323.3 billion U.S. dollars, data from the council shows.