The development of China's machine tool industry lags behind the development of the industry. The concentrated performance is low in the middle and low-end products, the technology level is backward, and the high-end products still need to be imported. The whole industry is in urgent need of product upgrade. In the first half of 2009, the market demand structure accelerated the pace of change. The demand for ordinary and low-grade CNC machine tools shrank drastically, but the heavy-duty and high-end CNC machine tools continued to grow steadily.
The economic operation of the industry is still at the bottom of the cycle, and the overall industry is difficult to reverse. Although China has implemented a proactive fiscal policy and expanded domestic demand policy in response to the financial crisis since the end of 2008, it has accelerated infrastructure construction and accelerated industrial upgrading. However, for the machine tool industry, there are investment lag factors and the external market continues to deteriorate. In the machine tool industry, the growth rate in January-July 2009 was always in one digit. Some small industries experienced negative growth for several consecutive months; the profits of the whole industry fell sharply; the import and export showed a double decline, and the decline was deepened.
Some downstream industries began to recover. The upstream of the machine tool industry is mainly steel and electronics. The downstream is mainly distributed in the fields of automobiles, traditional machinery, military industry, high-tech industries, etc. Among them, automobile demand accounts for a relatively high proportion, accounting for 45%, and military and traditional machinery each account for about 20%. Judging from the current operating conditions of various downstream industries, the automotive industry has entered a stage of full recovery. Construction machinery, agricultural machinery and mining machinery in the machinery industry are picking up faster. The recovery of the downstream industry of machine tools will effectively stimulate the demand of the machine tool industry and promote the gradual recovery of the machine tool industry.
The equipment manufacturing revitalization plan guarantees the long-term development of the industry. The equipment manufacturing industry adjustment and revitalization plan will accelerate the autonomy of major equipment in China and promote the industrial upgrading of the equipment manufacturing industry. From the perspective of planning content, the plan will focus on promoting the autonomy of equipment in the top ten fields and nine major industries, thus stimulating the demand for medium and high-end CNC machine tools and large-scale CNC machine tools.
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