Data show that from January to April 2017, China's metal processing machine tool imports totaled 23,101,100,000 US dollars, and the cumulative amount of imports decreased by 11.8% year-on-year. The following is the total import and growth rate of metal processing machine tools since 2016.
Total import and growth rate of metal processing machine tools since 2016
After undergoing rapid development from 2010 to 2011, the market for metal processing machine tools began to stagnate and continue to decline in 2012. Due to technical reasons, the domestic machine tool industry has a large gap with foreign products, especially high-end products. Inadequacies are heavily dependent on imports, but in recent years, the situation has improved with the promotion of policies and increased investment in technology.
From January to April, the cumulative import amount of metal processing machines decreased by 11.8% year-on-year
At present, the transformation and upgrading of the domestic machine tool industry has become the main feature of development. The Chinese machine tool industry and market continued to exhibit the characteristics of “declining total demand and upgrading demand structureâ€, and further showing the changing trend of traditional engine deceleration and new dynamics. In the future, the overall outlook for the development of China's machine tool industry will be satisfactory, but the transformation pressure will increase.
Changshu Herun Import & Export Co.,Ltd , https://www.herunchina.com