China's machine tool import growth rate is higher than the output value growth rate

In the first quarter of 2011, China's machine tool industry continued the hot market in 2010. The contractual growth of enterprises was rapid, and imports continued to climb at a high speed. The machine tool products exported to emerging markets increased significantly year-on-year.

In the first quarter, China's machine tool industry completed a total industrial output value of 129.40 billion yuan, an increase of 38.1%. At the same time, the import of machine tool products was fierce, up 61.9% year-on-year, and hit a record high in the same period. Metal cutting machine tools, metal forming machine tools and numerical control devices are the three major import products of machine tools, with year-on-year growth of 71.5%, 73.4% and 58.0% respectively.

It can be seen from the statistics that the import growth rate of machine tools is much higher than the growth rate of industrial output value of domestic machine tool enterprises, indicating that the market demand for medium and high-end products is stronger than that of medium and low-end products. The demand for high-end CNC machine tools is huge. Domestic enterprises still need to invest more energy in the research and development and production of high-end machine tools.

Faced with the continuous improvement of the market situation and the increasing market trend of orders, the delayed delivery has once again become the norm in the industry, and the tight supply of functional components is the focus of this contradiction. It has become a prominent contradiction in the current production of enterprises.

The Chinese machine tool market has been growing at a super high speed for one year. In 2010, 50% of the global metalworking machine tools were consumed in China, and the situation is indeed beyond imagination.

This year is the first year of China's "Twelfth Five-Year Plan". The user fields such as aerospace, shipbuilding, electric power, energy, automobiles, rail transit, high-speed railway, and national defense military will all be carried out during the "Twelfth Five-Year Plan" period and even longer. Large-scale and deep structural adjustments have undoubtedly brought huge business opportunities to the machine tool industry.
 

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