Diamond tool products made in China have been widely applied in many industries of China. Many of them have already got competitiveness in the world market, but there are still some issues:

The whole diamond tool industry lacks uniform management and control. Its production layout is scattered, and the competition is disorder.

A lot of factories’ production equipments and technologies are not so advanced, and the application of some new technologies and technics is slow.

The scale of the factories is normally not so big, and their economic benefits are not high.

The capital investment for new product development and new technologies and technics research is not enough.

The usage of the body material of the tool products is low. The waste of steel is serious.

To address these issues, some experts give some suggestions:

Increase the investment for diamond tool industry, and pay close attention to the new product development, new technologies and new technics.

Widen the application domain of diamond tool products, increase the variety and improve the quality.

Strengthen the internal management of the factories, lower production cost and increase economic benefits.

Organize some big enterprise groups to lead the development of the industry, create own brands, and participate in world competitions.