Our huge market demand for metalworking machine tools

China this year has increased investment in infrastructure, as of the end of September, the central budget for investment in infrastructure issued 390.5 billion yuan. The construction of basic projects is inseparable from machine tools, especially metalworking machines. Metal processing machine tools are widely used in energy, transportation, automotive, machinery, metallurgy, shipbuilding, aviation, military, agricultural machinery, petroleum machinery, power generation and other industries. The development space of metal processing machine tools in China is huge. According to the latest statistics released by China Customs, in September 2012, China imported 11,480 metal processing machines, down 1.9% from the previous month; the import value was 1.456 billion US dollars, a slight increase of 1.1% from the previous month; the average unit price was US$126,800 per unit. The data shows that the total amount of imported metal processing machine tools in China has increased from April to April. From the perspective of industry scale, the output value of China's machine tool industry accounts for only about 3.6% of the total output value of the machinery industry. Among them, the output value of metal processing machine tools (including gold cutting machine tools and forming machine tools) only accounts for about 2.5%, while the output value of the German machine tool industry accounts for the machinery industry. The total output value of the industry is 6.1%. The machine tool industry at the core of the equipment manufacturing industry has not fully reflected its value in China, and there is still huge room for development in the future. In addition, the national key equipment manufacturing industry has a huge demand for metal processing machine tools, especially for high-speed, precise and intelligent CNC machine tools. At the same time, large, sophisticated, high-speed CNC equipment itself is also a major technical equipment industry supported by the state. The domestic metal processing machine tool industry is actively upgrading equipment and import substitution.

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