With the steady growth of the national economic situation, the country's increased investment in basic industries, and the rapid development of the automotive, electronics, metallurgical and other industries, the demand potential of the tool market has gradually emerged. As we all know, well-known foreign tool manufacturers are very concerned about the Chinese market, because the upstream of the tool products, the CNC machine tool industry is developing rapidly in China, especially the development of the automobile manufacturing industry and molds, which has brought a broad development prospect to the tool market.
To some extent, the development of the CNC machine tool industry has revitalized the tool market. The huge potential market has attracted many domestic and foreign tool makers to participate in the competition. Most of the world's eight largest carbide tool vendors, including Sandvik and Kenner Feishuo, have entered the Chinese market.
At present, Chinese users have enjoyed the rapid response to the supply of Asian warehouses. Compared with well-known foreign tool manufacturers, several domestic tool manufacturers are inferior. Whether it is booth construction, new product display, or corporate image planning, there is still a big gap compared with foreign counterparts. It can also be seen from the above that the original drawbacks of the domestic tool manufacturers that have been scattered but not refined, all but not specialized have not been changed. Compared with previous years, China's tools have followed the development of foreign countries, and the gap is narrowing, but the gap still exists.
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