The present invention provides a fluid jet type weaving machine having a planet selvedge apparatus and a catching side-warp opening device corresponding to high-speed running. The fluid jet type weaving machine having a planet selvedge apparatus and a catching side-warp opening device that are supported on one side reverse to picking of the weaving machine is provided with a driving shaft having a half speed ratio of a main shaft, a rotating shaft is driven by the driving shaft to rotate through a rotating transfer mechanism, and a swinging rod is driven by the driving shaft to swing through a sport changeover mechanism. The rotating transfer mechanism comprises a first toothed rotary part that is moveable in the direction of axial cord and is fixed on the driving shaft, and a second toothed rotary part having an identical number of teeth with the first toothed rotary part and being fixed on the rotating axle, and the rotating transfer mechanism is arranged to form that the connectionphase of the rotating shaft with the driving shaft is changeable. The sport changeover mechanism comprises a rotary part for making the swinging rod swing, the rotary part is moveable in the direction of the axial cord, is independent with the first toothed rotary part, is fixed on the driving shaft and is arranged to form that the connection phase of the rotating shaft with the driving shaft is changeable.