Mechanical Industry Research Institute Guorui information, about the domestic machine tool trade, he feels have something to say.

Understood that the 21st century, China's machine tool industry is an unprecedented development, China's annual imports of machine tools to increase the amount of fast, the trade deficit is climbing, in 2000 only $ 1.6 billion in 2006 to 73 billion U.S. dollars.

After some years of trade deficit declined in 2009 to reach $ 4.96 billion, but in 2010 it has rapidly increased, reaching 87 billion U.S. dollars, an annual growth rate of more than 50% .2011 also showed accelerated growth.

China already is the world's largest producer of machine tools, consumer and importer, but the trade imbalance increased (http://www.f-paper.com/)(Finance News http://www.f-paper.com/).2011 in the machine tool industry in the first half deficit to reach $ 7.015 billion, close to last year the amount which the total imports value of $ 10.378 billion, an increase of 60.04%, export value of $ 3.364 billion, an increase of 36.23% of import growth close to double the exports.

China Machine Tool Industry Association executive vice president of Satisfying this judge, the core issue of China's machine tool industry is big but not strong according to national machine tool industry's second Five-Year plan, the next step needed to solve the domestic high-end CNC machine tools 'quality does not to the price get down 'lack of market competitiveness, efforts to resolve deep-seated technology and industrial technology issues.

'Advanced foreign companies have already reached the one able to provide comprehensive solutions integrated services, not only provide a single product, but also have complete sets of equipment according to user needs the ability to program.' He has done this summary.

China machine tool industry to increase the trade deficit, imports of high-end CNC machine tools and rapid growth, lack of export capacity for high-end technology while to solve these problems, in addition to the founding of the domestic enterprises to enhance the technical quality of the product, but going out is also an important path.

Currently Machinery Industry Information Institute, with a number of departments decide, on September 20 this year, held in Germany, 'China Machine Tool, shine EMO - Cooperation win the future' of the summit which will be on the machine tool industry and to start cooperation discussion on the leading edge of the machine tool industry, new ideas, new technologies, new processes to start communication.

The Summit will become the world's largest machine tool show - EMO Hannover, Germany an important part of Mechanical Industry Research Institute Guorui information that now the machine tool industry also began to increase in merger cases, the foreign market level is also need some Chinese products, this one can go out to sell Chinese products, other companies and Europe's advanced high-end co-operation.

Understood that the tool imports the first half too fast, gamble with private enterprises and entrepreneurs for the first half of the amount of private enterprise growth in machine tool imports more than 90%, while exports of machine tools to work in the country worth $ 2.763 billion, compared to the same period in 2008 also fell by 7.1%.

Domestic machine tool industry, profit margins remain high, armed with sufficient orders, but companies can not meet domestic demand for foreign high-end machine. Machinery Industry Information Institute, deputy chief engineer Xiao Quan pointed out that Chinese enterprises to go out working with foreign companies long-term cooperation can learn from their marketing concepts, advanced experience, the gradual integration of foreign and Chinese enterprises, the EMO China - International Machine Tool Summit is taking Chinese companies abroad, the first step toward international.

China Machinery Industry Federation executive vice president of the Wei-Chi Tsai also pointed out that should increase the 'going out' the pace of efforts to expand exports to alleviate the problem of insufficient domestic orders, especially the automotive, power transmission equipment, heavy-duty machine tools, construction machinery, etc. excessive capacity expansion and declining growth in domestic demand-supply industry, it should increase international market development efforts.