In the first quarter 2011, Chinese machine tool continue the boom situation that the enterprise signed contract surging sharply , the consistent climbing high import and the high increase of machine tool exporting to emerging market over the corresponding period.

First quarter, Chinese machine tool finished accumulative output 129.40 billion, a 38.1% increase than last year. Meanwhile, machine tool product export jumped sharply, a record increase of 61.9% year on year in history. Three biggest export products, metal cutting machine tool, metal shaping machine tool and digit control device, respectively, increase 71.5%, 73.4%, 58.0%.

According to the statistic data, the growth speed of machine tool export is much higher than that of domestic machine tool enterprises’ output, showing the demand trend for medium and high products in market is boom and the domestic demand for digit control machine tool is very huge. Domestic enterprises need to put more attention in the production and research of high machine tool.

Facing the market situation holds up well and the market trends to increasing orders, the delivery delay became industry normal situation again mainly due to the tight supply of component, which has currently became the highlight contradiction in the production.

The Chinese machine tool market has increased in high speed for one year. More than 50% consumption of global metal processing machine tool was in china. This situation must was out of image!

This year is the first year of the 12th five year plan. During the 12th five year plan or more longer period, The users such as aerospace, ship, power, energy, auto, traffic, high speed railway and national defense military will make a large-scale and deep structure adjustment, which will definitely take a great commercial opportunity for machine tool.