The machine tool industry in the first half of the year continued the downward trend last year

Abstract According to the China Machine Tool Industry Association announced that the Chinese economic slowdown affected the first half of 2013, China's machine tool industry in 2012 continued the downward trend throughout the year, it is still in the down range, but the downside rate significantly It narrowed and the operation gradually stabilized. ...
According to the China Machine Tool & Tool Industry Association, due to the slowdown of China's economic growth, in the first half of 2013, China's machine tool industry continued its downward trend for the whole year of 2012. It is still in the downside range, but the downside is obviously closed. Narrow, the operation is getting smoother. As of the end of June this year, the production and sales volume of metal processing machine tools decreased by 10.5% year-on-year; the export of metal processing machine tools increased by 1.7%. At the same time, new orders from the company continue to be in a down state.

According to key monitoring enterprise data, in the first half of this year, new orders for metal processing machine tools reached 23.37 billion yuan (about 3.9 billion US dollars), down 6.0% year-on-year. The contradiction of overcapacity has become increasingly prominent. Overall, the global economic rebalancing and the slowdown in China's economic growth have had a comprehensive and profound impact on China's machine tool industry. After experiencing rapid growth for more than 10 years, the industry is facing and undergoing a severe test of adjustment and transformation due to significant changes in the market environment and other growth factors.

In fact, the industry has begun to enter a new stage of development, a development stage with adjustment and transformation as its main feature. Accurately speaking, the industry is in the transition period of development, and it is also the period of pain during the adjustment of transformation. While developing environmental changes bring pressure and challenges to industrial development, it also provides the industry with the best opportunity to adjust and transform. The resulting mechanism will provide a strong external force for industrial restructuring.

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