Sino-Japanese sewing machinery industry is highly consistent with market trends

In the past two years, the regular meetings between the China Sewing Machinery Association and the Japan Sewing Machinery Industry Association have become an exchange mechanism and important work of the associations. From September 20 to September 22, the Mid-Autumn Festival coincided with the Sino-Japanese Association meeting in Shanghai. After conducting high-level friendly talks, the leaders of the China Sewing Machinery Association accompanied Japanese representatives to Ningbo to visit Youngor Fashion Holdings Limited. On the day of the Mid-Autumn Festival, the representatives of the two associations came to the World Expo in Shanghai. They visited the China Pavilion and the Japanese Pavilion with great interest.

The Chinese representatives participating in the meeting included Tian Minyu, Chairman of the China Sewing Machinery Association, He Wei, Executive Vice Chairman, Li Guanghui, Vice Chairman, Zhang Min, Hu Minhai, and Secretary-General Yang Xiaojing. The Japanese representative had Japanese sewing machines. The president of the Industrial Association, Yasuhiro Ipoh, Vice President Meima Avenue, Kyoko Kyoko, Deputy Chairman Daisuke Yamaguchi, Hasegawa Nagaoka, Shengsei Yasheng, and Sakamoto Sakamoto are among 9 people.

The meeting was chaired by Tian Minyu, Chairman of the China Sewing Machinery Association. President Tian expressed the warm welcome speech and expressed his appreciation to the China-Japan Association for establishing and implementing a regular meeting system. He welcomed the arrival of Japanese guests. President Yasui expressed his gratitude for the warm reception of the Chinese side and believed that regular meetings between the two parties will help strengthen mutual communication and understanding.

The two parties communicated on the development of the industry this year and expressed their opinions on the deepening development and future trends of the industry. Vice President He Wei introduced the economic operation of China's sewing machinery industry in the first half of 2010. In the first half of the year, the output value of 98 key enterprises in the industry has grown by more than 50%, and electronic control equipment has grown rapidly. The growth in the central and western regions is higher than that in the coastal areas. At the same time, she said that at the same time of growth, the industry is also facing challenges: First, the slow recovery of parts and components production capacity has slowed the speed of recovery of the industry's production capacity; Second, the increase in the cost of various factors has led to a decline in corporate profits; Third, the strength between enterprises. Compared with obvious differentiation, industry shuffling is inevitable. President Yasui introduced the production of Japanese companies. In the first half of the year, Japan produced 115,000 sets of sewing machines, an increase of 143% year-on-year; the output value was 17.2 billion yen, which was a year-on-year increase of 21%. Japan’s domestic market is still shrinking, and it is still showing low-speed development. The market in China is continuously expanding. The problems that Japan's factories are now facing are mainly structural manpower shortages and power shortages that result in limited production capacity. The outlook for the future situation, like China, believes that the current market's booming production and sales can continue into the first half of next year.

Subsequently, Secretary-General Yang Xiaojing introduced the preparations for CISMA2011. The CISMA2011 with the theme of quality, efficiency and green will be held in Shanghai on September 27-30, 2011. The exhibition area will reach 100,000 square meters. As of September 17, 120 companies have applied for the exhibition, and the net area of ​​the exhibition 12500 square meters. He said that during the exhibition, a variety of thematic activities and forums will be held. It is hoped that Japanese companies can exhibit technologies and products that represent the international advanced level at CISMA2011. Executive Director of the Organizing Committee of JIAM2012 Meima Avenue introduced the preparations for the next JIAM exhibition.

The two parties also discussed issues of common concern, such as the development prospects of the industry, the relationship between zeros, and inter-association exchanges. The meeting was pragmatic and efficient. The two sides fully exchanged information on the industry and reached a high degree of consensus on the judgment of market trends.