"Eleventh Five-Year" Excellent Achievements in China's CNC Machine Tool Industry

Since the "Eleventh Five-Year Plan" in China, the government has successively promulgated the "Several Opinions on Accelerating the Revitalization of the Equipment Manufacturing Industry" and the "National Medium- and Long-Term Scientific and Technological Development Plan." Since 2009, the State Council has issued a response to the impact of the international financial crisis. The National Equipment Manufacturing revitalization plan.

Under the national policy of revitalizing the equipment manufacturing industry, the state has introduced a series of policies to support the industry. Industrial policies, import and export policies, and taxation policies have all greatly promoted the sustained and rapid development of the machine tool industry in recent years. The benefits that the policy brings to the company have led to a substantial increase in corporate profits. The strong support of the policies has given the industry special advantages. It has ensured the rapid development of the industry and a relatively high safety margin to some extent.

CNC machine tools belong to the metal cutting machine tool manufacturing industry. There are many methods for processing mechanical parts in modern machinery manufacturing: In addition to cutting, there are casting, forging, welding, stamping, extrusion, etc., but all parts that require high precision and surface roughness are generally required. The final machining is done by cutting on the machine tool. A metal cutting machine is a machine that cuts metal blanks into machine parts by cutting. According to data from China Machine Information Association, in 2010, the number of CNC metal-cutting machine tools grew significantly, with output up 66.71% year-on-year, an increase of 67.17 percentage points over the previous year. In the past 10 years, China's annual average compound annual growth rate of CNC metal-cutting machine tools was only 31.93%. The growth data for 2010 means that the development of CNC metal cutting machine tools has entered a new phase.

In the past five years, the average annual compound growth rate of China's CNC machine tools production was 37.39%. The average annual compound growth in the past 10 years was 29.94%, and the compound growth in the past 15 years was 22.10%. Driven by the revitalization of the equipment manufacturing industry and the transfer of international industries, the growth rate of China’s investment in equipment and tool purchases will continue to be around 20% in the next 5 to 10 years. The demand for the machine tool industry will continue to grow at a high rate. According to Luo Baihui, head of the International Die & Metal & Plastics Industry Suppliers Association, driven by the demand, the output of CNC machine tools in China continues to grow at a rapid rate. With the deepening of economic restructuring, listed companies of CNC machine tools and CNC system equipment are expected to grow rapidly. continue. In 2010, CNC machine tools consumed more than 6 billion U.S. dollars and the number of machines exceeded 100,000 units, indicating that CNC machine tools have become the mainstream of machine tool consumption. China's future market for CNC machine tools is huge.