Domestic machine tools must speed up toward high-end

The loss of the machine tool industry continues to be at a high level, which is a true portrayal of the long-term low-end international machine tool industry in China's machine tool industry. Neither the downward pressure on the economy nor the slowdown in investment growth are the root causes of the sluggish market. Long-term industrial structure is in the middle and low-end, but not in the high-end is the core crux

“The biggest weakness of the machine tool industry in China is that the industrial structure has long been in the low-end and mid-to-high end.” At the press conference of the 14th China International Machine Tool Show held on the 24th, the executive vice president of the China Machine Tool Industry Association Chen Huiren, chairman and secretary general, said.

Chen Huiren told reporters that in the second half of 2011, China's machine tool market began to enter a downward path, and gradually entered the new normal development. According to the statistics of the key contact enterprises of China Machine Tool Industry Association, in the first two months of this year, the sales revenue of China's machine tool products fell by 3.6% year-on-year. From the production link, the output of metal processing machine tools fell by 5.6% year-on-year, and the funds for finished products increased by 8.6% year-on-year. In general, the industry’s loss ratio continues to remain high.

“The loss side continues to be at a high level and is closely related to the Chinese economy entering the new normal.” Chen Huiren analyzed that, since 2010, the accumulative growth rate of China’s fixed asset investment has continued to decline. In 2014, the fixed assets investment completed a cumulative growth rate of 5 years. This was 15.7%, down 8.8 percentage points from 2010. As the market demand for domestic machine tools is mainly driven by investment, the decline in the growth rate of fixed asset investment has directly led to a continuous decline in the size of the domestic machine tool market.

“The loss side continues to be high, and it is also a true portrayal of China’s machine tool industry for a long period of time in the international industry.” Chen Huiren said that in recent years, a large number of China’s machine tool products have been exported to the United States, Japan, and Vietnam, although these products have certain competition. Forces, in line with the development direction of manufacturing “going out”, but we must also see that these export machine tools are mostly low-end products, and China also needs to import a large number of high-end machine tool products from overseas every year.

Chen Huiren stated that in 2014, the market share of imported machine tools in the domestic machine tool market shrinking, the market share is still further expanding, indicating that in the face of the same changes in market conditions, foreign competitors adjust faster than domestic companies, but also shows that the domestic machine tools in In the high-end product areas, it is still unable to "break the courtesy" with imported products. This shows that both the downward pressure on the economy and the slowdown in investment growth are not the root cause of the loss of the domestic machine tool industry. Long-term, low-end industrial structure is the core issue.

According to the China Machine Tool Industry Association's forecast, in 2015, China's economic downward pressure will further increase, but with the increase in economic system reform, especially the gradual reform of investment and financing system and regional development strategy, investment growth is expected to Accelerate; At the same time, domestic and international machine tool companies gradually adapt to changes in market demand structure, and tap the market's potential demand will also be greatly enhanced. Therefore, the import of China's machine tools and tools will still maintain a slight increase, and the sales of domestic machine tools are expected to be the same as in 2014.

"In the long run, automation, customization and shift upgrade will become the development direction of China's machine tool products." Chen Huiren said that the market demand for machine tool products has been transitioned to high-end areas, the general market space for machine tool products will come The smaller. Domestic machine tools must speed up toward the high-end, in order to contend with the extrusion of imported high-end machine tools.