Last year, the profit of China's machine tool industry nearly doubled, but still 30% of the company's losses

Long Xingyuan, director of the China Machine Tool Industry Association, said in Shanghai on the 8th that in 2017, the total profit of China's machine tool industry increased by 192.6% year-on-year, of which the total profit of metal processing machine tools increased by 579.7% year-on-year, but at the same time, the whole industry The proportion of loss-making enterprises still reached 33.8%. At the "2018 International Forum of CEOs for Machine Tool Manufacturing Industry" held here, Long Xingyuan said that machine tools are the "master machine" of the equipment manufacturing industry and the carrier of advanced manufacturing technology. CNC machine tools are high-end manufacturing equipment and are strategic development of the country. An important area of ​​emerging industries. New demands for machine tool products in the automotive, construction machinery, aerospace, electronics, military and other fields are very strong.
“But at present, the upstream cost of China's machine tool industry is increasing, and the prices of downstream products are simultaneously increasing, which makes the company in a state of low profit or loss, and the ability of enterprises to adapt to the high-end demand in the market is insufficient,” Long Xingyuan said.
Looking forward to 2018, Long Xingyuan expects that the overall situation of China's machine tool industry is that the total demand will stabilize and the quality of demand will accelerate. He believes that the development of the industry should take the road of specialization, customization and limited scale; it needs to pay close attention to the impacts and opportunities brought by new materials and new technologies to the industry; it needs to leverage digital, network and intelligent to grasp the development of the industry. New opportunities.

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