The machine tool industry welcomes the changing times and adjusts the industrial structure

According to relevant statistics, China's machine tool industry in 2011 completed a total industrial output value of 660.65 billion yuan, an increase of 32%; product sales value of 642.49 billion yuan, an increase of 31%. China's machine tool consumption has ranked first in the world for ten consecutive years. The machine tool output value ranks first in the world for three consecutive years. China has become the most active machine tool market in the world.

However, compared with the past few years, this growth rate has been greatly reduced, and this decline has not yet ended. Statistics from the China Machine Tool Industry Association show that in the first quarter of this year, the output value of Chinese machine tools and sales growth rate It was 16.7% and 16.1%, respectively, and continued to decline sharply after the fourth quarter of last year. A survey of more than 150 machine tool industry companies shows that the number of companies with negative growth over the same period last year accounted for 52.9%. In addition, the newly-advanced orders and hand-held orders of key contact enterprises of the China Machine Tool & Tooling Industry Association had a negative growth year-on-year, down 31.7% and 19.7% year-on-year respectively.

In response, a group of domestic and foreign companies including Sandvik Coromant, Walter, and Zhuzhou Diamond all stated that user demand is not limited to the product itself. Differentiated services have become a content that companies attach great importance to. The demand for solutions is growing. In addition, relevant experts stated that the explosive growth of China’s machine tool industry for 10 consecutive years may not continue. The era of the revolution in China's machine tool industry has already arrived. The structural adjustment of the industry and upgrading of products are imperative. Power, and vigorously improving the market competitiveness of mid- to high-end CNC machine tools are the core tasks of the Chinese machine tool industry.