Investigation and Analysis of the Development Situation of China's Machine Tool Industry

Abstract The crisis in the domestic machine tool industry has not been a day or two. In the past year of 2012, China's machine tool industry has been affected by negative factors such as inventory pressure and economic environment. Most companies rely on lowering product prices to obtain the market. Although the rumors have warmed up...
The crisis in the domestic machine tool industry has not been a day or two. In the past year of 2012, China's machine tool industry has been affected by negative factors such as inventory pressure and economic environment. Most companies rely on lowering product prices to obtain the market. Although the rumors showed signs of recovery, they ended up with a disappointing end. Whether the machine tool industry can recover in 2013 has become a concern of major companies.

Industry experts pointed out: China's machine tool industry has experienced a long period of market downturn, so many companies feel pressure. First of all, it is difficult for export enterprises. From the perspective of enterprises above designated size, brand enterprises with domestic sales as the mainstay have a good momentum of development. The development of SMEs without brands is more difficult. Secondly, the development of various regions is not balanced. Zhejiang, Shandong, Hebei, Beijing and Sichuan are developing rapidly, and private enterprises in Guangdong are also developing rapidly. The northeast region is not developing fast, and the development in other places is relatively slow. At the same time, some banks listed the machinery industry as a high-risk investment industry, and the difficulty of corporate loans has risen sharply. This has led to difficulties in the funding of enterprises, which has once again increased the pressure on corporate cash flow.

Relevant information shows: In 2012, the export value of China's machine tool industry was 43.637 billion yuan, an increase of 9.79% year-on-year. Compared with the same period of last year, the growth rate decreased by 8.42 percentage points. Statistics show that in 2012, the growth rate of sales value of China's machine tool industry was more obvious. Among them, the growth rate of cutting tool manufacturing and metal cutting machine tool manufacturing industry accounted for a large decline, compared with the same period last year, the growth rate fell by 31.18 and 15.28 percentage points respectively.

From the performance report of four quarters of some enterprises in China's machine tool industry in 2012, it is not difficult to find that China's machine tool industry market has not shaken off the downturn, and the irrational operation of enterprises has made it difficult for the sustainable growth of the entire machine tool industry in 2012. Despite this, companies are still optimistic about the machine tool industry. It is estimated that the real recovery will be seen in the machine tool industry market in the second or third quarter of 2013. In the next five years, China's machine tool industry will usher in another golden development period.

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