In the first quarter of 2011, China's machine tool industry continued the hot market situation in 2010, with the rapid growth of enterprises' contracts in hand, the continuous high-speed increase of imports, and the year-on-year growth of machine tool products exported to emerging markets.

 

In the first quarter, China's machine tool industry achieved a total industrial output value of 129.4 billion yuan, an increase of 38.1% year on year. At the same time, the import of machine tool products is fierce, with a year-on-year growth of 61.9%, a new record in the same period. Metal cutting machine tools, metal forming machine tools and numerical control devices are three major imported products of machine tools, with a year-on-year growth of 71.5%, 73.4% and 58.0% respectively.

 

It can be seen from the statistical data that the growth rate of machine tool import is much higher than the growth rate of the total industrial output value of domestic machine tool enterprises, which shows that the market demand for high-end products is stronger than that for low-end products, and the domestic demand for high-end CNC machine tools is very huge. Domestic enterprises still need to invest more energy in the research and development and production of high-end machine tools.

 

In the face of the market trend of continuously improving market situation and increasing orders, delayed delivery has once again become the norm of the industry, and the tight supply of functional components is the focus of this contradiction, which has become the prominent contradiction in the current enterprise production.

 

China's machine tool market has been growing at an ultra-high speed for a year. In 2010, 50% of the global metal processing machine tools were consumed in China. The situation is beyond imagination.

 

This year is the first year of the 12th Five Year Plan in China. During the 12th Five Year Plan period or even longer, the user fields of aerospace, ship, power, energy, automobile, rail transit, high-speed railway, national defense and military industry will undergo large-scale and in-depth structural adjustment, which undoubtedly brings huge business opportunities to the machine tool industry.