The market share of the domestic metalworking machine tool output value continued to increase, reaching 70.1%; the domestic market share of CNC machine tool production reached 62%. Most of its demand orders originate from various types of enterprises in the machinery industry; at the same time, its level also has special significance for the upgrading of all industries and industries in the machinery industry. Therefore, the development of the machine tool industry depends not only on the overall development of the Chinese machinery industry, but also on the healthy development of the entire industry.
Compared with the situation in China's machinery industry, the changes in the machine tool industry and the contradictions faced in the past year were all more pronounced. According to data from the China Federation of Machinery Industry, until the first half of 2011, demand is still very strong. Most machine tool companies are in a state of exuberant production and sales; but from the second half of last year, the demand growth has slowed down significantly New orders fell sharply, the economic situation gradually became severe, and the profit rate continued to decline.
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