Driven by the textile industry, China's textile machinery manufacturing industry to achieve a significant development. At present, China's textile machinery manufacturing industry has become a complete range to meet the needs of the textile industry, with a pillar industry of independent research and innovation capability.

Prospective Industrial Research Institute released "Chinese textile machinery manufacturing industry sales forecast demand and investment analysis report" shows that China's textile machinery manufacturing industry in recent years has maintained rapid development momentum. By the end of 2010, total industry assets reached 77.613 billion yuan, an increase of 27.78%; sales revenue of 81.565 billion yuan industry, an increase of 42.13%. Overall, the industry experienced a decline in growth rate after 2008, the industry scale expansion significantly faster overall good development trend.

From a global perspective, the last competition of textile machinery manufacturing industry mainly in textile production powerhouse Germany, Italy and Switzerland. But in recent years, in the domestic market, promote and Asian demand, Chinese textile machinery manufacturing industry scale expanding, China has become the world's largest textile machinery manufacturer.

Prospective textile machinery manufacturing industry, Industrial Research Institute, said the research team, a world-renowned textile enterprises continue to invest and set up factories in China, the production scale in China has reached the whole Chinese textile machinery production 1/3. In addition to the production of equipment for foreign-funded enterprises in China, but also a large number of export, or even anti pin back country of origin. China is being used by one of the largest textile machinery market demand, the Asian textile manufacturing center, and even change the direction of the world's textile manufacturing center.