China's machine tool value will jump to the world's first
In 2009, the development of the machine tool industry showed a trend of pre-recession and overall stabilization. From January to November 2009, the industry's total industrial output value reached 349.46 billion yuan, a year-on-year increase of 12%. According to Wu Bolin, executive director of China Machine Tool Industry Association, the total industrial output value of the industry in 2009 will reach 380 billion. Yuan, leap to the world first.
According to statistics, from January to November 2009, the sales revenue of machine tool industry was 313.85 billion yuan, up 12% year-on-year; the profit was 17.64 billion yuan, down 1.8% year-on-year; the profit margin of product sales revenue was 5.3%, down 0.8 year-on-year. Percentage; product sales rate reached 97.4%, an increase of 1.2 percentage points year-on-year. The cumulative value of fixed assets investment in the machine tool industry in 2009 increased by 35.8% year-on-year. The cumulative import value of machine tool products from January to November 2009 was US$8.69 billion, down 23.4% year-on-year, of which metal processing machine tool imports were US$5.3 billion, down 23.9% year-on-year. %; export value of 4.23 billion US dollars, down 35.7% year-on-year, of which metal processing machine tool exports of 1.26 billion US dollars, down 35%.
From the overall trend, the import value of machine tool products will exceed 10 billion US dollars at the end of 2009; the export value will exceed US$4.3 billion, with little increase.
The market share of domestic metal processing machine tools continues to increase, with an estimated 70%; the market share of domestic CNC machine tools is expected to reach 63%.
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