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On January 15th, the 2010 China Machine Tool Industry Association (CMTBA) Foreign Enterprise New Year Association was held at the Kunlun Hotel in Beijing. The meeting was hosted by Wu Bolin, executive vice chairman of CMTBA, and a welcome speech. Executive Vice President Wang Liming introduced the basic situation and current situation of the industry.
In his speech, Wu Bolin said that 2009 was the toughest year for the global economy and the toughest year for the machine tool industry. Although many foreign companies have suffered a double blow in production and sales in the international market, their performance in China is still good. China's machine tool industry 2009 production and sales are expected to achieve 10% to 12% year-on-year growth, and is expected to become the world's number one output value for the first time.
Wang Liming introduced the status quo of China's machine tool industry and the completion of major economic indicators and import and export of China's machine tool industry from January to November 2009. From January to November 2009, China's machine tool industry's total output value and product sales revenue increased by 12% year-on-year. However, the import and export both fell in depth and the deficit further narrowed. It is estimated that the export of machine tools and metal processing machine tools will reach 35% year-on-year in 2009. In 2009, the import trade pattern of China's machine tool tools changed greatly, investment trade decreased, and general trade increased. The annual import decline will reach more than 20%. In the imported machine tools, the proportion of high-end machine tools increased, and the unit price of imported machine tools increased by 6% compared with the same period of 2008.
In his speech, Wu Bolin said that 2009 was the toughest year for the global economy and the toughest year for the machine tool industry. Although many foreign companies have suffered a double blow in production and sales in the international market, their performance in China is still good. China's machine tool industry 2009 production and sales are expected to achieve 10% to 12% year-on-year growth, and is expected to become the world's number one output value for the first time.
Wang Liming introduced the status quo of China's machine tool industry and the completion of major economic indicators and import and export of China's machine tool industry from January to November 2009. From January to November 2009, China's machine tool industry's total output value and product sales revenue increased by 12% year-on-year. However, the import and export both fell in depth and the deficit further narrowed. It is estimated that the export of machine tools and metal processing machine tools will reach 35% year-on-year in 2009. In 2009, the import trade pattern of China's machine tool tools changed greatly, investment trade decreased, and general trade increased. The annual import decline will reach more than 20%. In the imported machine tools, the proportion of high-end machine tools increased, and the unit price of imported machine tools increased by 6% compared with the same period of 2008.
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