my country’s machine tool exports decline, the domestic machine tool market is not optimistic

It is understood that due to the rising cost of machine tool equipment manufacturing in my country, domestic machine tool companies are also under considerable pressure on profitability. In the past, my country’s machine tool products had a great price advantage in the international market, but this price advantage has become less and less obvious under the pressure of rising costs and the appreciation of the renminbi, and many developed countries have reduced their machine tool equipment due to the economic downturn. import.

The continued downturn in the European and American markets has indeed had a great impact on the export of my country’s machine tool industry, but my country’s machine tool industry should not sit still and should actively explore new markets. In recent years, the economic development in Southeast Asia has been very fast, and the demand for machine tool products in my country is relatively large. After entering the “Twelfth Five-Year Plan”, the country has placed the development of the machine tool industry in a very important position and has given a lot of policy support.

Experts from China believe that, especially in countries such as Thailand and India, the price of my country’s machine tool products is lower than that of high-end machine tools such as Japan and Germany, and they are more popular in the markets of these developing countries. In recent years, there have been some machine tool companies in my country aiming at the Southeast Asian market and preparing to make efforts. The domestic machine tool industry wants to break through the cold winter, and the Southeast Asian market will bring good development opportunities.

my country’s machine tool industry started later than abroad. Through the continuous introduction of foreign advanced technology for digestion and absorption, the development of my country’s machine tool industry has also made many achievements. However, due to the European debt crisis and other reasons for the unstable global economic development, since the beginning of this year, the volume of the global machine tool market has not been high, and the export of my country’s machine tool products has also declined.

my country’s machine tool industry is now in a period of coexistence of internal and external troubles. How to survive this period and usher in new development has become a problem that my country’s machine tool companies are thinking about. The domestic machine tool market is not optimistic either. For a while, the argument that my country’s machine tool industry is going to enter the cold winter is very loud. After joining WTO, the import and export deficit of my country’s machine tools has gradually narrowed, and at the same time, the development of my country’s machine tool industry has to face the huge threat brought by foreign-funded enterprises.

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