China's machine tool industry showed signs of recovery in the first quarter of 2009

Abstract In the first quarter of 2009, under the influence of national implementation of equipment manufacturing adjustment and industrial revitalization planning and other policy measures, China's metal processing machine tool industry showed signs of recovery. According to the data provided by the National Bureau of Statistics, the output of metal cutting machine tools in China in March 2009...

In the first quarter of 2009, under the influence of the national implementation of equipment manufacturing adjustment and industrial revitalization planning and other policy measures, China's metal processing machine tool industry showed signs of recovery.
According to the data provided by the National Bureau of Statistics, China's metal cutting machine tool output in March 2009 was 54,100 units, a decrease of 18.3% from March 2008, but the output increased by 27.7 percentage points from the 40,800 units in February 2009.
From January to March 2009, the company produced a total of 139,000 metal cutting machine tools, down 16.4% year-on-year, but it showed a gradual increase in a single month. Production in the first quarter of 2009 increased by 5.6% from the 136,600 units in the fourth quarter of 2008. The data shows that under the background of the gradual implementation of major national projects, China's machine tool industry has basically stopped the rapid decline, and the demand is gradually expanding.
According to the statistics provided by the Customs, in March 2009, China imported 7550 metal processing machine tools, a decrease of 4.3% year-on-year and 85% quarter-on-quarter; the import value was US$564 million, down 5.6% year-on-year and 26.7% quarter-on-quarter; It was US$74,677 per unit, down 1.3% year-on-year and 31.5% from the previous month.
From January to March 2009, 18,956 imported metal processing machines were reduced, down 11.1% year-on-year; the import value was US$1.52 billion, down 6.6% year-on-year; the average import price was US$79,966/unit, up 7.9% year-on-year.
In the first quarter of 2009, China's metal processing machine tools showed a trend of rising month by month in terms of output and import volume, indicating that the domestic market demand for machine tools, especially medium and high-end CNC machine tools, has increased. In fact, the financial crisis has a greater impact on the production of low-end machine tool companies, while the current orders for large and heavy-duty high-end machine tools are still full. From the just-concluded 11th China Machine Tool Show, it can be seen that high-tech products such as Dalian Machine Tool and Shenyang Machine Tool are very popular.
Although some of the current data show signs of recovery, it is still not easy to say that the situation facing the machine tool industry is still severe. At present, small and medium-sized enterprises still face difficulties in operation, serious decline in profits, and overcapacity of low-end products. The machine tool industry needs to enter

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