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Steady improvement, structural upgrading - analysis of China's machine tool
Add_time:2018-11-24 The number of click:67

【Abstract】: China's machine tool consumption market has changed from a decline in total demand before 2015 to a stable one today, and the market structure has rapidly upgraded.
 On November 1-6, 2018, the 29th Japan International Machine Tool Show (JIMT) was held at the Tokyo International Convention and Exhibition Center in Japan. The exhibition attracted nearly a thousand machine tool companies from all over the world, including 30% of overseas exhibitors and more than 40 Chinese exhibitors. For the six-day International Machine Tool Show, the organizers are expected to exhibit more than 150,000 visitors.

China's machine tool consumption market has changed from a decline in total demand before 2015 to a stable one today, and the market structure has rapidly upgraded. On the third exhibition day, Mao Yufeng, executive vice president of China Machine Tool & Tool Industry Association, held a press conference on this phenomenon, and comprehensively analyzed the current situation and development expectations based on China's economic macro data, market information and industrial operation data.

China's machine tool consumption market situation

Affected by the policy ideas of prevention and control of financial risks, leverage reduction and economic adjustment structure, China's GDP growth rate in each quarter in 2017 showed the characteristics of “before high and then low”, which also caused the GDP growth rate in the first half of 2018 to decline slightly. phenomenon. In the second half of 2018, the Chinese government implemented an active financial policy, a prudent monetary policy, expanded the scale of financing guarantees for small and micro enterprises, and resolutely cleared out "zombie enterprises" to stimulate social vitality. It can be foreseen that China's GDP growth rate will rebound in the second half of the year, and the trend will remain stable.

The Chinese government has proposed policy measures and work arrangements to stabilize economic growth. From the perspective of GDP industry segmentation in the first half of the year, industry and manufacturing industry have contributed the most to GDP. To achieve stable economic growth in the second half of the year, investment in industry and manufacturing will increase, and demand for machine tool tools will continue to rise; Looking at the growth rate of asset investment, the demand for China's machine tool and tool consumption market has declined in the first half of 2018. The growth rate of equipment and tool purchases has dropped again from July to August. It is estimated that it will be affected by the delay of investment transmission. It is expected to be related to machine tool consumption in the second half of the year. From the perspective of money supply data, the State Council has determined that a sound monetary policy should be tight and moderate, and a moderate increase in the growth rate of money supply is conducive to promoting consumption and stabilizing investment. At the same time, the assets and liabilities of industrial enterprises above designated size in the first half of the year. The rate has rebounded, the profit margin of the main business has also increased, and the investment and operation of the company have shown an expansion trend.

In the second half of 2018, China's macroeconomic operation will show a stable trend, which will also promote the growth of demand for China's machine tool and tool consumer market.

In terms of metal cutting machine tools, due to the obvious upgrade of demand structure, the average price of metal cutting machine tools has increased significantly in the past decade. The rapid increase of the value of machine tools in the future will make up for the impact of the decline in demand on consumption. The consumption of metal cutting machine tools in China will grow steadily. The trend of metal forming machine tools is steadily increasing. As the value of machine tools increases, the growth rate of metal forming machine tools will become more significant. The demand for cutting tools is generally stable. It is expected that the total amount will be stable and the structure will be upgraded in the future. Trends, the intensity of market competition will continue to increase; abrasive abrasives will increase with the increase of domestic manufacturing level and the demand for precision processing, and consumption will gradually increase after 2018.

Global manufacturing value chain continues to rise

According to the statistics of the National Bureau of Statistics, the output of China's metal processing machine tools in the first half of 2018 was about 13.5 billion US dollars, an increase of 11.5%. In the first half of 2018, the Chinese machine tool consumption market showed a significant growth.

At present, the total development of China's machine tool industry has stabilized and the structure has been upgraded. In the future, China's machine tool industry will change from scale to quality and efficiency. Under the premise of maintaining the volume of the industry, resources will be more inclined to the enterprise groups with high efficiency, high quality, advanced technology and development potential. The market-oriented mechanism will become the main means of allocating resources, and the factor-driven model will gradually retreat. To be positioned, the innovation-driven mechanism will become the main driving force for industrial development.

Under the new situation, deepening internal reform and opening up has positive significance for the development of machine tool industry, promoting the coordinated development of domestic enterprises with different ownership and consolidating the foundation of industrial development. The open policy of optimizing the introduction of foreign capital structure, promoting fair competition, protecting intellectual property rights, strengthening international cooperation, and promoting market access to promote trade and investment equity will form a benign interaction between domestic and foreign industries.

Considering factors such as industrial operation, import and export trade and changes in the RMB exchange rate, it is expected that China's machine tool consumption market will grow in 2018. Among them, the output of machine tool tools maintained a small growth, the structural upgrade within the industry was further significant, and the import of machine tools showed a growing trend.
TAIZHOU MEIRI NEW ENERGY CO., LTD. is a manufacturer that specialized in developing and producing small specialpurpose tool grinders, precision machinery tools. Main products include: drill bit sharpener, end mill sharpener, screw tap sharpener, lathe tool grinder, saw blade sharpener, universal cutter grinder, universal tool grinder, chamfer, tapping machine, gear chamfering machine, universal head, rotary table, etc.

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