China's CNC Machine Tool Industry Maintains Rapid Growth

As a necessary equipment for industrial manufacturing, China's machine tool industry grows at a double-digit rate each year, ushering in a period of rapid development, and CNC machine tools have become the mainstream of China's machine tool consumption. In recent years, the booming demand for China's CNC machine tool industry will continue to maintain rapid growth, with an average annual compound growth rate of 37.4%. The domestic machine tool industry presents a state of common development among state-owned, private, and foreign-funded enterprises. The industry structure has been optimized and the overall quality has been significantly improved.

The state will also continue to support the development of CNC machine tools. During the 12th Five-Year Plan Period, China will continue to invest and increase its efforts. Each year, major projects will drive more than 10 billion yuan of funds. It will raise the core competitiveness, independent innovation, quantitative integration, brand building and other aspects to a strategic height and achieve the goal of total industrial output value of 800 billion yuan.

Compared with foreign countries, the development of China's machine tools started relatively late. Although the development time of CNC machine tools is not long, it has maintained a rapid growth trend. Currently, the demand for CNC machine tools is still very strong. In the mid-end machine tool market, Chinese enterprises have a place, high-end Due to technical reasons, the machine tool is still in a state of foreign machine tool imports.

CNC machining is a trend towards high quality, high precision, high yield, and high efficiency in the machining industry. The good development trend of CNC machine tools in China shows that demand is still at a high level. Related companies should seize the opportunity and strive to realize the transition from low-end to high-end CNC machine tools, from primary product processing to high-precision product manufacturing as soon as possible. The development of CNC machine tools is also It will effectively realize the transition from a machine tool producing country to a machine tool country.