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China's CNC machine tool production rose 15.51%

From a macro perspective, the operation situation of China's machinery industry in the first three quarters was better than expected in 2017, while the growth rate was higher than expected while the operating quality was improved. For the machine tool industry, according to the data released by the National Bureau of Statistics of China, the output of the machine tool industry in the first three quarters of the year was 578,100 sets of metal cutting machines, an increase of 7.49% over the same period of last year, including 189,100 sets of CNC machine tools, representing an increase of 0.49% Machine tool 238,400 units, an increase of 0.69%, of which 21,300 CNC machine tools, an increase of 15.51%; CNC machine tools 185,500 sets, an increase of 33.82%; metal cutting tools 7.518 billion pieces, an increase of 17.58%.

At the same time, according to the import and export data of the Customs, the total amount of import and export of machine tool industry in China in the first three quarters of this year was 19.71 billion U.S. dollars, up 13.0% over the same period of last year. After two consecutive years of negative growth, positive growth was restored with a trade deficit of 2.95 billion U.S. dollars, up 27.7% over the same period of last year.

On the occasion of the 30th session of "China Machine Tool Industry Development Forum", the organizers also held a grand awarding ceremony in recognition of the active participation in the past many years, together for the development of the industry and forge ahead cooperation unit. This forum has ended satisfactorily, but the machine tool industry's future will continue, as always. Nowadays, our country's manufacturing goal is to transform from "manufacturing power" to "manufacturing power." This requires the industrial transformation and upgrading while maintaining industrial growth. This is a challenge for China's machine tool industry and a huge Motivation. In this context, the successful holding of "The 30th China Machine Tool Industry Development Forum and the 2018 Operational Situation Seminar" is of great significance to the development of the entire industry.

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