Leading Chinese textile machinery makers Jingwei and Zhengzhou are set to form a joint venture that will produce machinery for non-woven fabrics.

The new company will be established in conjunction with Hongda Research Co Ltd and be based in central China's Henan Province with a capital of around $4.8 million.

Zhengzhou and Hongda are part of China Textile Machinery (Group) Co Ltd, which holds a 36 per cent stake in Jingwei Textile.

Jingwei also said it has axed earlier plans for a JV to make advanced equipment and parts for the production of non-woven fabrics and non-woven items.