China Machine Tool Association: This Year The Machine Tool Industry Output By 10% -15%

The Sixth China CNC Machine Tool Fair"These are still produced in China machine tool
(CCMT2010), will be held April 12, 2010 -16 daysindustry in 2010 will face a severe test." Wu
held in Nanjing. The gradual recovery in globaltalked about Berlin.
economic circumstances, in 2010 the developmentIn fact, in 2009, with the state plan to revitalize
prospects of China's machine tool industry will do?the equipment manufacturing industry to adjust
China Machine Tool Industry Association, Missthe implementation details of the promulgation of
Berlin believes that industry-wide this year's totalindustry-wide last year, total industrial output value
industrial output value growth of 10% -15% ofand sales revenue has still maintained its growth in
the overall stabilized to maintain a goodthe total industrial output value reached 401.4
momentum of development.billion yuan, an increase of 16.1%, and the first
In 2009, the financial crisis sweeping the world,second largest in the world first machine tool
China's machine tool industry suffered eightmanufacturing country.
consecutive years of rapid development, the"Therefore, the situation gradually as the
most difficult year. By the international financialeconomy is good, this year's total industrial output
crisis, China's machine tool market growth invalue of China's machine tool growth of 10%
demand weak, market size shrinking, according to-15% is no problem, and this is our conservative
statistics, in 2009 the growth rate of domesticestimate." Wu said in Berlin.
machine tool demand fell by 20% or more.However, "do not represent the first product
Foreign machine tool industry into a recession, theoutput efficiency is the strongest, China's machine
manufacturing recession, automotive and generaltool industry and products, the lack of deep-level
machinery manufacturing industry, a significantproduct structure adjustment, for mastery of
decline in the demand for cars, data show thatcore technologies are not in place, that is what
about 33.5% decline, which also led to China'swe hold to be resolved CNC Machine Tool Fair
machine tool exports dropped significantly year onOne of the problems. "
year.It is understood that, CCMT2010 show will
In addition, because users the performance ofbasically reflect the contemporary Chinese-made
machine tool products and put forward higherCNC machine tools and the latest products of the
requirements, coupled with foreign machine toolhighest level is the highest level of Chinese-made
manufacturers, price competition, restricted theCNC machine tools exhibition.
development of China's machine tool industry.