Import and export of machine tools deficit increases the market opportunities for mid-range machine tools

Recently,the China Machine Tool Industry Association released data show that last year,China's total imports of machine tool products 20.29 billion US dollars,an increase of 29.3%;exports of 890 million US dollars,an increase of 26.4%.According to data from the National Bureau of Statistics,China's machine tool industry last year accumulated a total industrial output value of 660.65 billion yuan,an increase of 32.1%;product sales value of 642.49 billion yuan,an increase of 31.1%;product sales rate reached 97.3%,compared with the same period last year Decrease by 0.8%.
In 2011,China's machine tool industry continued its rapid growth in 2010.From the aspect of import and export value,it reflected the acceleration of market demand structure upgrade.The demand for mid-to high-end machine tool products increased significantly.This is also a new opportunity for Chinese machine tool companies to break through.