In 2010, China's machine tool output accounted for 31% of the world's total machine tool output, which was close to 1/3, which is indeed large enough. However, careful analysis of the 1/3 of the composition found that it was not even strong. The year-round high import amount of machine tools confirms this point. In 2010, China's metal processing output value has increased to 20.91 billion U.S. dollars, but at the same time, the import amount has reached a record high, reaching 9.42 billion U.S. dollars.

According to the 12th Five-Year Development Plan for the Machine Tool Industry announced by the State, by 2015, the machine tool industry will achieve an industrial output value of 800 billion yuan; the annual output of CNC machine tools will exceed 250,000, and the domestic market share will reach over 70%; The amount reached 11 billion U.S. dollars, of which machine tool exports accounted for more than 40%; the industry average industrial value-added rate reached 30%.

The 12th Five-Year Plan period will be a crucial period for the Chinese machine tool industry to accelerate the transformation of its economic development mode. According to China Machine Tool Network | proud of the network, the machine tool industry will focus on structural adjustment as the main attack direction, focusing on breaking through the weaknesses of CNC systems and functional components, and speed up the industrialization of high-end CNC machine tools. The development plan clearly stated that it is necessary to focus on the development of the four major mainframes, functional components and machine tool accessories, mid-to-high-end numerical control systems, cutting tools and measuring instruments, and abrasive abrasives, superhard materials and products.

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