Machine tool development in one decade China

Since the 21st century, China milling machine industry has got into a period of rapid growth, industrial output value of 30.167 billion yuan from 2000, increased to 628.749 billion yuan in 2010, the average annual growth rate is more than 35%; profit increased from 7.43 in 2000 billion yuan to 42.054 billion yuan in 2010, is 48 times more than that in 2000, average annual growth of 47.3%; industry export delivery value of 4.355 billion yuan from 2000 to 2010 increased 390 billion yuan, up 24.51 %.

milling machine production in China in 2000 only 1.4 million units, to 2005, the CNC machine tool production reached 59,600 units, the financial crisis of 2009 was a great impact on the machine tool industry, metal milling machine tools production declined, on the contrary,vertical milling machine production record a high of 145,400 units, showing the strong demand of a high-end CNC machine tool on the market. article Source: milling machine production in 2010 continued to grow, reaching 223,900 units nearly 16 times over the past decade the average annual increase of 32%. The output rate of vertical milling machine in 2000 was 22%, in 2007 to 44% and in 2009 to 53.6%.

article Source: milling machine