In 2009, China's machine tool industry completed a total industrial output value of 401.42 billion yuan, an increase of 16.1%. China's machine tool industry and enterprises are gradually deepening their independent innovation and structural adjustment, and further deepen the development of the industry.
In 2009, China's machine tool industry showed a trend of pre-suppression and post-up, and overall stabilization. The total industrial output value of the whole year was 40.14 billion yuan, a year-on-year increase of 16.1%. The market share of domestic metal processing machine tool output increased from 61% in the previous year to 70%, of which domestic CNC machine tools increased from 51.6% to 62%. Asset investment increased by 36% year-on-year.
For eight consecutive years, China has become the world's largest consumer of machine tools and the first importer. Affected by the financial crisis, Japan and Germany's machine tool production have fallen sharply. In 2009, China became the world's largest machine tool producer for the first time. The annual output value of metal processing machine tools was 15.3 billion US dollars, up 7.6% year-on-year; consumption was 19.79 billion US dollars, up 0.5% year-on-year.
The import and export of machine tools have fallen sharply and the deficit has continued to shrink. Foreign-invested imports of CNC metalworking machine tools have decreased significantly, and general trade imports have increased significantly. The total import volume for the whole year was 9.7 billion US dollars, down 21.1% year-on-year; the import of metal processing machine tools was 5.9 billion US dollars, down 22.1% year-on-year. The cumulative export was US$4.74 billion, down 33.5% year-on-year; the export of metal processing machine tools was US$1.41 billion, down 33.0% year-on-year.
At the end of the year and the beginning of the year, the global economy showed signs of rebound. China’s investment in structural adjustment is still hot, and orders from machine tool companies show signs of rapid growth. It is expected that the growth rate of the machine tool industry will reach about 10% in 2010, and the gold cutting machine will achieve a higher single-digit growth; the metalworking machine tool import and export will see a recovery growth. Due to the rapid development of the industry for many years and the strengthening of product and industrial structure adjustment, the proportion of CNC machine tools and high-end machine tools has increased significantly, and the proportion of low-end products has continued to decrease.
It can be said that China's machine tool industry and enterprises are gradually deepening their independent innovation and structural adjustment, and have achieved initial results in implementing the national key industry adjustment and revitalization plan and implementing the national science and technology major projects. After the baptism of the global financial crisis, China's machine tool industry has undergone profound changes internally, and it is carrying out more in-depth structural adjustment and development and innovation with full enthusiasm and sufficient confidence.
In 2009, China's machine tool industry showed a trend of pre-suppression and post-up, and overall stabilization. The total industrial output value of the whole year was 40.14 billion yuan, a year-on-year increase of 16.1%. The market share of domestic metal processing machine tool output increased from 61% in the previous year to 70%, of which domestic CNC machine tools increased from 51.6% to 62%. Asset investment increased by 36% year-on-year.
For eight consecutive years, China has become the world's largest consumer of machine tools and the first importer. Affected by the financial crisis, Japan and Germany's machine tool production have fallen sharply. In 2009, China became the world's largest machine tool producer for the first time. The annual output value of metal processing machine tools was 15.3 billion US dollars, up 7.6% year-on-year; consumption was 19.79 billion US dollars, up 0.5% year-on-year.
The import and export of machine tools have fallen sharply and the deficit has continued to shrink. Foreign-invested imports of CNC metalworking machine tools have decreased significantly, and general trade imports have increased significantly. The total import volume for the whole year was 9.7 billion US dollars, down 21.1% year-on-year; the import of metal processing machine tools was 5.9 billion US dollars, down 22.1% year-on-year. The cumulative export was US$4.74 billion, down 33.5% year-on-year; the export of metal processing machine tools was US$1.41 billion, down 33.0% year-on-year.
At the end of the year and the beginning of the year, the global economy showed signs of rebound. China’s investment in structural adjustment is still hot, and orders from machine tool companies show signs of rapid growth. It is expected that the growth rate of the machine tool industry will reach about 10% in 2010, and the gold cutting machine will achieve a higher single-digit growth; the metalworking machine tool import and export will see a recovery growth. Due to the rapid development of the industry for many years and the strengthening of product and industrial structure adjustment, the proportion of CNC machine tools and high-end machine tools has increased significantly, and the proportion of low-end products has continued to decrease.
It can be said that China's machine tool industry and enterprises are gradually deepening their independent innovation and structural adjustment, and have achieved initial results in implementing the national key industry adjustment and revitalization plan and implementing the national science and technology major projects. After the baptism of the global financial crisis, China's machine tool industry has undergone profound changes internally, and it is carrying out more in-depth structural adjustment and development and innovation with full enthusiasm and sufficient confidence.
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