Machine tool industry welcomes development opportunities Since entering the 21st century, the growth of more than eight consecutive years has made China's machine tool industry enter the world's top three in terms of scale. Although there are still such or such insufficiencies, but China's machine tool industry has matured, and future development will be based on innovation, promotion, optimization as the main mode.

At the same time, China is also the world’s largest consumer and importer of machine tools. In terms of market demand, the development momentum of a number of heavy-industry-based high-growth industries, such as domestic autos, steel, machinery, molds, electronics, and chemical industries, has driven the demand for efficient and high-precision automated manufacturing equipment. Enter the stage of rapid growth.

With the increasing demand in the machine tool market, the demand for higher-grade products continues to rise, the demand for complete sets of product lines continues to increase, and manufacturing companies also increase rapidly. At present, there are at least 50,000 enterprises in the national machine tool industry, which are mainly concentrated. In the Yangtze River Delta, Pearl River Delta and Shaanxi-Gansu-Ningxia region, it is very common to hear the name of a completely unfamiliar machine tool factory. The continuous increase in manufacturing companies has indeed provided a foundation for the growth of the machine tool industry. Leaders in many places are Concerned about the development of this industry, Sany Heavy Industry, Xinrui Group and other famous companies have begun to get involved in the machine tool industry to add vitality to the development of the machine tool industry, especially their new ideas in marketing strategy, dare to take risks in the enterprising spirit As well as the relentless pursuit of new technologies, the optimization of the machine tool industry to promote structural adjustment.

On the import side, taking the first half of 2012 as an example, the total amount of China's machine tools imported from Japan and Germany has exceeded 60%. From the perspective of imported models, the demand for precision production, high-efficiency and high-speed medium and high-end CNC machine tools has increased significantly. It has shown that the demand structure of China's machine tools has undergone major changes. Experts said that in the next five years, the compound growth rate of China's machine tool industry will be about 25-30%, among which medium and high-end machine tools will become the main force for growth.

The country has raised the development of the machine tool industry to an unprecedented strategic level and has given strong support in terms of policy. This can be clearly seen from national industrial planning to fiscal and tax incentives. Despite the current downturn in the entire machinery industry in China, the machine tool industry may be facing an excellent opportunity for industrial upgrading.

In the newly promulgated national “Twelfth Five-Year Plan”, it is clearly proposed that the high-end equipment manufacturing industry will focus on the development of information, automation, and intelligence. This is obviously inseparable from the strong support of the precision machine tool industry.

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