It is understood that due to the rising cost of China's machine tool equipment manufacturing, domestic machine tool companies also bear considerable profit pressure. In the past, China's machine tool products had a price advantage in the international market. However, under the pressure of rising costs and the appreciation of the renminbi, this price advantage has become less and less obvious, and many developed countries have reduced their machine tool equipment because of the economic downturn. import.
The sustained downturn in the European and American markets has indeed caused a great impact on the export of China's machine tool industry. However, China's machine tool industry should not sit still and should actively explore new markets. The economic development in Southeast Asia has been very rapid in recent years, and the demand for China's machine tool products is relatively large. After entering the “Twelfth Five-Year Plan†period, the country has placed the development of the machine tool industry in a very important position and given a lot of policy support.
Especially in countries such as Thailand and India, the prices of machine tool products in China are lower than those of high-end machine tools such as Japan and Germany, and they are more popular in the markets of these developing countries. In recent years, there have been some machine tool companies in China that are targeting the Southeast Asian market to prepare for their efforts. In order to break the winter period in the domestic machine tool industry, the Southeast Asian market will bring good development opportunities.
China's machine tool industry started later than abroad, through the continuous introduction of foreign advanced technology for digestion and absorption, the development of China's machine tool industry has also made many achievements. However, due to the unstable global economic development such as the European debt crisis, the volume of the global machine tool market has not been high since the beginning of the year, and the export of China's machine tool products has also declined.
China's machine tool industry is now in a period of internal and external conflicts, how to support this period of time to usher in new development has become China's machine tool companies are thinking about the issue. The domestic machine tool market is also not optimistic. For a time, the argument that China's machine tool industry is going to enter into the winter period is bleak. After China's accession to the WTO, the import and export deficit of China's machine tools has gradually narrowed. At the same time, the development of China's machine tool industry also faces the great threat posed by foreign-funded enterprises.
The sustained downturn in the European and American markets has indeed caused a great impact on the export of China's machine tool industry. However, China's machine tool industry should not sit still and should actively explore new markets. The economic development in Southeast Asia has been very rapid in recent years, and the demand for China's machine tool products is relatively large. After entering the “Twelfth Five-Year Plan†period, the country has placed the development of the machine tool industry in a very important position and given a lot of policy support.
Especially in countries such as Thailand and India, the prices of machine tool products in China are lower than those of high-end machine tools such as Japan and Germany, and they are more popular in the markets of these developing countries. In recent years, there have been some machine tool companies in China that are targeting the Southeast Asian market to prepare for their efforts. In order to break the winter period in the domestic machine tool industry, the Southeast Asian market will bring good development opportunities.
China's machine tool industry started later than abroad, through the continuous introduction of foreign advanced technology for digestion and absorption, the development of China's machine tool industry has also made many achievements. However, due to the unstable global economic development such as the European debt crisis, the volume of the global machine tool market has not been high since the beginning of the year, and the export of China's machine tool products has also declined.
China's machine tool industry is now in a period of internal and external conflicts, how to support this period of time to usher in new development has become China's machine tool companies are thinking about the issue. The domestic machine tool market is also not optimistic. For a time, the argument that China's machine tool industry is going to enter into the winter period is bleak. After China's accession to the WTO, the import and export deficit of China's machine tools has gradually narrowed. At the same time, the development of China's machine tool industry also faces the great threat posed by foreign-funded enterprises.
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