my country's machine tool import growth rate is higher than the output value growth rate

In the first quarter of 2011, my country's machine tool industry continued the booming market in 2010. The number of contracts in hand increased rapidly, imports continued to climb rapidly, and machine tool products exported to emerging markets increased significantly year-on-year.

In the first quarter, my country's machine tool industry accumulated a total industrial output value of 129.40 billion yuan, a year-on-year increase of 38.1%. At the same time, the import of machine tool products is fierce, with a year-on-year increase of 61.9%, hitting a new historical high for the same period. Metal cutting machine tools, metal forming machine tools and numerical control devices are the three major imported products of machine tools, with year-on-year growth rates of 71.5%, 73.4% and 58.0% respectively.

It can be seen from the statistics that the growth rate of machine tool imports is much higher than the growth rate of the total industrial output value of domestic machine tool enterprises, indicating that the market demand for mid-to-high-end products is stronger than that of mid-to-low-end products. The demand for high-end CNC machine tools is huge, and 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 continuous improvement of the market situation and the market trend of increasing orders, delayed delivery has once again become the norm in the industry, and the tight supply of functional parts is the focus of this contradiction, which has become the current production salient contradictions.

China's machine tool market has continued to grow at a high speed for one year. In 2010, 50% of the global metal processing machine tools were consumed in China. The situation is indeed beyond imagination.

This year is the first year of my country's "Twelfth Five-Year Plan", and user fields such as aerospace, ships, electric power, energy, automobiles, rail transit, high-speed railways, and national defense and military industries have even increased during the "Twelfth Five-Year Plan" period. For a long period of time, large-scale and deep-level structural adjustments will be carried out, which will undoubtedly bring huge business opportunities to the machine tool industry.