China will become the world's largest tool market

China Product


The rapid development of the manufacturing sector, so that cutting tool market in China has great potential, the total is expected to surpass Germany, the United States, Japan, for China's Tool Industry adjustment and development, providing a fully operational space.


    While the global economy to be cyclical changes and instability. However, the transfer of manufacturing to China pattern is based on the context of globalization, the objective needs of optimal allocation of resources will not be reversed. At present, the general magnitude of value of manufacturing output between Japan, the United States between, but the physical level of output has been much higher than Japan, the United States. China has a continuous five-year machine tool consumption in the world's No. 1 ranking.


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    In 2007 the amount of China's machine tool has reached 5 million units, far more than the developed countries, CNC machine tools up to 60 million units, quantity and Japan, the U.S. equivalent, but low grade. In developed countries, use of efficient tools to play the potential of digital manufacturing technology has become a consensus. Consumption of each tool are in the machine tool consumption, about 50%. In China, cutting tools and machine tool consumption is only 20% of consumption, shows that in our tool consumption, low-cost inefficiencies of traditional tools still the mainstream, far from being fully functional machine, the manufacturing sector has great potential to improve labor productivity. This is the gap between China's Tool Industry is also China's Tool Industry in handy. Development of the golden key to China's large market tool is the development of modern and efficient tool to replace the cheap, inefficient traditional tools. yoga blocks


    


    Through the above analysis, one can clearly see that the Chinese enterprises are facing the greatest tools for opportunity is in our doorstep, there is a tool for the world's largest market for our development provides ample space. However, we also face serious challenges, the market needs a modern and efficient tool, we have developed very slowly, unable to meet the needs of the manufacturing industry had to import large quantities. Who do not meet the development needs of modern manufacturing tools of traditional standards, but the blind development, and the total out of control, the formation of overproduction, low prices of the passive situation. Therefore, the Chinese tool industry only one way out is to develop a modern and efficient tool to achieve structural adjustment and industrial upgrading, get rid of low-level redundant path of development.


    


    The new century, China's tools for the industrial sector has begun to structural adjustment and industrial upgrading process, but the pace of progress is too slow. Facing the new challenges of the economic situation, the majority of industries and enterprises should have a sense of urgency, we must accelerate the pace of adjustment. The potentially large market of China instrument developed. To do this, the Chinese tool market size, will surpass Japan, the United States, Germany. To do so, not only the Chinese tool industry is growing, China's manufacturing industry through the widespread adoption of modern and efficient tool which greatly enhance productivity and competitiveness, the benefits far higher than the tool industry, is a win-win situation.