Industrial revitalization policy introduced Taiwan machine tool benefit orders rebound

Abstract China's mainland investment of RMB 4 trillion to expand domestic demand and revitalize the economy has brought a glimmer of light to Taiwan's machine tool industry. Orders from well-known Taiwanese machine tool manufacturers have emerged. According to Taiwan’s "Economic Daily" report, the Chinese government has launched a series of homes to revitalize the economy...

China's investment in RMB 4 trillion to expand domestic demand and revitalize the economy has brought a glimmer of light to Taiwan's machine tool industry, and orders from well-known Taiwanese machine tool manufacturers have emerged.
According to Taiwan’s "Economic Daily", the Chinese government has launched a major policy, including home appliances going to the countryside, cars going to the countryside, locomotives going to the countryside, and promoting infrastructure, to make the Taiwanese machine tool industry in the fourth quarter of last year. Also began to benefit, customer orders tend to pick up.
Huang Minghe, general manager of Taichung Seiki, a machine tool manufacturer, said that the speed of decentralization of mainland loans has accelerated recently, and the willingness of manufacturers to purchase machinery and equipment has increased significantly. The company has an objective order to negotiate this month. It is reported that Chengtai Machinery has recently received orders for more than 30 CNC lathes from the mainland, from the end of February to March. Aachen Electromechanical Co., Ltd., which produces large-scale gantry machine tools, has benefited from the demand for automotive molds. Recently, customers have begun to negotiate orders for gantry products. According to preliminary statistics from Fuyu, the largest grinding machine manufacturer in Taiwan, the mainland orders in the first two months of this year increased by 15% compared with the same period of last year.

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