Market structure upgrade drives China's machine tool industry into a new development cycle
China Machine Tool Industry Association recently announced in Shanghai that in 2017, China's metal processing machine tool market sales totaled 29.9 billion US dollars, an increase of 7.5% over the previous year. Mao Yufeng, executive vice president of the China Machine Tool Industry Association, believes that machine tools are one of the core industries of the equipment manufacturing industry and play an important role in the global manufacturing resource allocation. In 2017, China's machine tool sales showed significant recovery growth, indicating that China's machine tool industry is entering a new development cycle of moderate growth under the structural upgrading, creating new development opportunities for domestic and foreign machine tool manufacturers. According to the statistics of China Machine Tool Industry Association, in 2017, China's metal processing machine tool exports reached 3.29 billion US dollars, imports 8.74 billion US dollars, an increase of 11.4% and 16.3% respectively; the trade deficit reached 5.45 billion US dollars, a substantial increase of 33.5%. This shows that China's related manufacturing industry has accelerated its structural upgrading, and the demand for foreign advanced machine tools has grown strongly. In the field of tool measuring tools, in 2017, the total sales in the Chinese market reached US$4.82 billion, an increase of 20.2% over the previous year. From the perspective of import and export, China's tool measuring tools exports 2.79 billion US dollars, imports 1.81 billion US dollars, an increase of 8.1% and 21.5% respectively, an increase of 8.9 and 22.1 percentage points compared with 2016, the characteristics of restorative growth is more obvious, especially The import of medium and high-end measuring tools has been the most prominent. Wang Liming, secretary-general of China Machine Tool & Tool Industry Association, believes that with the new round of industrial revolution led by information interconnection on a global scale, manufacturing is undergoing evolution from automation and digital manufacturing to synergy and intelligent manufacturing, the global machine tool industry faces A profound change in all directions. Today, the machine tool industry is conducting research on key areas such as digitization, automation, IoT and interconnection, and information big data to promote and realize smart manufacturing. From April 9 to 13, this year, China Machine Tool Industry Association will host the 10th China CNC Machine Tool Exhibition in Shanghai. The exhibition has a total exhibition area of ​​120,000 square meters. Up to now, more than 1,200 machine tool industry manufacturers from 23 countries and regions have signed up for the exhibition, including more than 500 overseas exhibitors, and the exhibition area accounts for the total area. 40%, an increase of nearly 5 percentage points over the previous session, indicating that overseas companies' attention and participation in the Chinese market have further increased. Wireless Temperature Transmitter Here you can find the related products in Wireless Temperature Transmitter, we are professional manufacturer of Wireless Temperature Transmitter,Remote Temperature Transmitter,Temp Transmitter,Temperature Indicator Transmitter. We focused on international export product development, production and sales. We have improved quality control processes of Wireless Temperature Transmitter to ensure each export qualified product. Wireless Temperature Transmitter,Remote Temperature Transmitter,Temp Transmitter,Temperature Indicator Transmitter Xi'an Gavin Electronic Technology Co., Ltd , https://www.gaimc-meas.com
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