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According to reports, Wang Zude, a researcher at the China Automotive Technology and Research Center, pointed out that the world auto industry is developing toward a monopoly of “strong and strong alliances†and market competition has intensified. At present, the world's top six vehicle manufacturers account for 64% of the world's total production. The top 16 parts and components companies also account for about 40% of sales in the world market.
At present, the number of cars in China has reached 34 million, and industry experts expect a greater increase in the next five years, totaling more than 60 million vehicles. The huge market potential has attracted the rapid transfer of international capital to the Chinese market. Seventy percent of the top 100 auto parts suppliers in the world have already started business in China. There are more than 1,200 foreign-invested companies that manufacture auto parts in China. Among them, only Germany Bosch has invested in 20 factories in China, with 10 representative offices, 5 trading companies, and 345 maintenance chain stations.
Chain stitch is a technique for sewing or embroiding a series of looped stitches, in purpose of forming a chain-like pattern. Thus our chainstitch sewing machine can be simply considered as chain-like stitching machine for industrial sewing applications. Sewing is a very important process in the garment production process. Different sewing patterns are needed to meet different clothing requirements.
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