Scientific and technological innovation refers to the use of scientific technology and management methods to improve or create products, processes, services, etc., to improve efficiency, quality, functionality, etc. From its launch in 2004 to 2023, the China Textile Industry Federation Science and Technology Awards have awarded a total of 2,172 scientific and technological achievements, 66 of which won the National Science and Technology Progress Award. my country's textile industry has always been driven by innovation, and its scientific and technological capabilities have been continuously enhanced. Scientific and technological innovation has become the core driving force of the textile industry. In September 2023, the China Textile and Apparel Industry Federation officially released the "Action Outline for Building a Modern Textile Industrial System (2022-2035)" requiring that by 2035, the research and experimental development expenditures of innovative textile enterprises will account for more than 3.5% of operating income. Basic research and original innovation capabilities have been significantly enhanced, and the number of published PCT patents in the textile field accounts for more than one-third of the world's total textile patents. Key core technologies are independently controllable, domestic textile equipment accounts for more than 80% of the domestic market, and the self-sufficiency rate of high-performance fibers exceeds 70%.
Fujian Baiyuan Machinery Technology Co., Ltd. is a high-tech enterprise specializing in the research and development, production, sales, service and software development of circular knitting machines. A number of patented technologies have been formed in the design and production process, and the intellectual property management system certification has been obtained. According to certificates issued by the China Textile Machinery Association and the China Knitting Industry Association, the market share of "Baiyuan" brand circular knitting machines has continued to rank among the top in the industry for many years. Since 2015, its market share has ranked first in the global rankings and nationally for four consecutive years. rank the top.