Machine tool industry highlights

In 2013, the international economic situation is still complicated. China's economy will transition from high-speed growth to moderate and steady growth. In an overall phase adjustment, the current low-end machine tool market is dominated by domestic companies, and the high-end market is Europe, the United States, Japan. Foreign companies dominate, at least 95% of high-end products rely on imports, and the mid-range market has become the most competitive position.

1. The pull of fixed assets investment on the machine tool industry is still insufficient. The real estate control policy affects the recovery of the machinery industry and even the machine tool industry. The equipment manufacturing industry and related industries, which are closely related to the machine tool industry, are still not strong enough in demand. Weaken

2. Slow progress in structural adjustment, difficulty in operating enterprise capital occupation by machine tool companies, tight social liquidity, increase in accounts receivable from enterprises, serious impact on normal operations, unreasonable industrial structure in the machine tool industry, and excessive production capacity in low-end products. The increase in corporate inventory and social stocks, destocking, and capacity reduction will lead to economic indicators such as the gross industrial output value of the machine tool industry, and will also show a state of low or negative growth during a certain period of time.

3. Uncertain factors in the growth of external demand There is still a fragile global economic recovery. At the end of 2012, the world economic situation has improved, but the European debt crisis and other factors may cause the global economy to fall into a recession again;

4. The competitive advantage of exports of traditional industrial products has been weakened In recent years, the cost of labor in China has risen rapidly. Compared with Southeast Asian countries, the high labor cost in China has led to the recent shift in labor-intensive industries to neighboring countries. This indicates that for a period of time in the future, China's export situation will remain severe, and uncertain factors will remain.