China's machine tool industry, waiting for a full recovery industry
Level of development lags behind the industry, market demand to end. China's machine tool industry lags behind the development of the industry, manifested in a higher proportion of low-end products, technological backwardness, still has to import high-end products, product upgrades to be the industry Qi. Market demand for the first half of 2009 accelerated the pace of change is structural, ordinary, low-grade CNC machine tools demand shrunk dramatically, but the high-end CNC machine tools are still heavy and steady growth.The bottom of the economic cycle, the industry is still running, the whole industry can hardly be reversed. Despite the end of 2008 in response to financial crisis since the implementation of China's proactive fiscal policy and the policy of expanding domestic demand, speed up infrastructure construction, speed up industrial upgrading, but the machine tool industry, because of investment lag factor and the continuing deterioration of the external market the machine tool industry growth from January to July 2009 is always hovering in the single digits, some small industries for several months of negative growth; industry-wide profits have fallen sharply; export showing double down, down deeper.
Part of the downstream industry started to recover. Upstream of the major machine tool industry as steel, electronics, mainly in downstream automotive, traditional mechanical, military, high-tech industries and other areas, which accounted for a higher demand for cars, 45%, military and traditional mechanical each about 20%. Downstream from the current operational status of the industry perspective, the automotive industry has entered a recovery phase. Machinery industry in the engineering machinery, agricultural machinery, mining machinery rose faster. The recovery of the downstream machine industry will effectively stimulate the demand for machine tool industry, and promote the gradual recovery of the machine tool industry.
Revitalization of equipment manufacturing industry to protect long-term development planning. Equipment manufacturing industry restructuring and revitalization plan will accelerate our process of self-major equipment, and promote industrial upgrading and equipment manufacturing. From planning the content, planning will focus on promoting the top ten areas and equipment independently of the nine industries the process, and thus boost large-scale high-end CNC machine tools and CNC machine tools demand.