Analysis of the Impact of Imported Mid-end Machine Tools on the Chinese Market

Association statistics show that in the first three quarters of 2011, machine tool products increased by 38.5% year-on-year. Among them, metal processing machine tools imported 9.91 billion US dollars, an increase of 51.4%. Due to the surge in imports, the market share of domestic metal processing machine tools and CNC machine tools showed a significant decline. According to statistics, in the first three quarters of this year, China's machine tool industry has completed a total industrial output value of 472.17 billion yuan, an increase of 33.5%. This means that although the Chinese machine tool industry has huge production capacity, it can't actually "arm itself". Guan Xiyou, chairman of Shenyang Machine Tool Group, said that the German and Japanese machine tool companies affected by the international financial crisis have recovered very quickly. The low-priced mid-range machine tools produced by industry giants Mazak and Demag are highly popular in the Chinese market. The influx of mid-end products has brought tremendous competitive pressure to China's development of high-end CNC machine tool industry. The data shows that the industrial output value of the machine tool accessories industry in the first three quarters increased by 42.9% year-on-year, while the import value of machine tool parts and components increased by 40.8% year-on-year, which is basically similar to the growth rate of domestic machine tool accessories. It can be seen that most of the medium and high-grade metal processing machine tools produced in China are still equipped with imported functional components, reflecting that China's independent innovation capability is not strong, and the basic, key and common technologies are not yet fully grasped. The development of functional components still lags behind the reality of the development of the mainframe. . The world's two major machine tools - Germany's DMG, Japan's Mori Seiki will set up a joint venture with Shenyang Machine Tool Group in Shenyang, which is bound to change the world machine tool industry.

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