Survey on the Development Situation of China Machine Tool Industry in 2013

The crisis in the domestic machine tool industry has long been not one or two days. During the past year of 2012, the machine tool industry in China has been affected by negative factors such as inventory pressure and economic recession. Most companies rely on reducing the price of their products to gain market access. Despite rumors of signs of recovery, it eventually ended in dismal progress. The recovery of the machine tool industry in 2013 has become a concern for major companies.

Industry experts pointed out that: After a long period of market downturn, China's machine tool industry has caused many companies to feel pressure. First of all, exporting companies are more difficult. From the point of view of enterprises above designated size, the development of brands with domestic sales as the mainstay is better. The development of SMEs without a brand is difficult. Secondly, the development of various regions is not balanced enough, and Zhejiang, Shandong, Hebei, Beijing, and Sichuan have developed rapidly, and private enterprises in Guangdong have also developed rapidly. The development of the northeast region is not fast, and the development in other places is also relatively slow. At the same time, some banks listed the machinery industry as a high-risk industry, and their loan difficulties have increased significantly. This has also led to difficulties in the source of funds for enterprises and once again aggravated the pressure on corporate cash flow.

Relevant data show that: In 2012, the export value of China's machine tool industry was 43.637 billion yuan, a year-on-year increase of 9.79%, a decrease of 8.42 percentage points compared with the same period of last year. Statistics show that in 2012, the growth rate of the sales value of China's machine tool industry declined more significantly. Among them, the cutting tool manufacturing and metal cutting machine tool manufacturing industries accounted for a larger decline in the growth rate, and the growth rate dropped by 31.18 and 15.28 percentage points respectively compared with the same period of last year.

From 2012 four-quarter performance report of some enterprises in China's machine tool industry, it is not difficult to find that China's machine tool industry market has not been out of the sluggish trend, and irrational operations of enterprises have increased the difficulty of 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-time recovery of the machine tool industry can occur in the second quarter or third quarter of 2013. In the next five years, the Chinese machine tool industry will usher in another golden period of development.