Machine tool industry is going to find a high-end way as it slows down

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Machine tool industry is going to find a high-end way as it slows down
Posting date : Dec 08, 2014
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China [CN]
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hermos
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After 10 years’ rapid growth, China’s internal grinders machine tool industry has begun to decrease in the second half of 2011, and the growth slows down. 10 years ago, our industry goal was mid-range growth. But now high-grade is our target. The change of target shows that we have a high level.
 
Recently, on the 12th China International Machine Tool Exhibition press conference, vice- chairman of China Machinery Industry Federation, Yang Xuetong says, “In 2013, about 2.2% of the machinery industry main income was contributed by hard turning machines tool industry, this percentage has not changed for years, which shows that CNC production’s growth transfers from high-speed to low-speed.
 
According to the industry, as China crosses from “World Factory” to “World manufacturing center”, the growth factors which lead to high speed development have changed deeply in the past 10 years. Prominent features of machine tool industry reflects in two aspects: obvious decrease of total demand and upgrade of demand structure.
“Overweight high-end” becomes important outlet. The deep transformation and upgrade of machine tool industry seems more urgent.
 
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