World Machine Tool Trade Pattern or Change

During the "12th Five-Year Plan" period, the world economic and trade pattern will usher in major and profound changes, and China's development is still in an important period of opportunity. China Machine ToolNet believes that the economy of emerging and developing countries is expected to maintain rapid development. The developed countries will continue to rely on scientific and technological innovation to accelerate industrial adjustment. The overall strength of China's mechanical and electrical industry will rise, complement the structure of foreign electromechanical industries, and undertake the comprehensive advantages of international industrial transfer. Obvious trends will not change.

China's mechanical and electrical products have a certain trade space in the international market. However, the risks brought about by the international financial crisis still exist, and it is very difficult for the world economy to achieve strong, sustainable and balanced growth. Emerging economies and developing countries actively participate in and integrate into the international economy and accelerate the process of urbanization and industrialization, and demand is expected to remain relatively low. Rapid growth will further increase the contribution to the global trade in electromechanical products. As the world's largest category of trade products, the global trade in electromechanical products will continue to grow at a faster rate.

The export advantage of mechanical and electrical products in China has remained unchanged. China's electromechanical industry has complete categories, huge production capacity, complete industrial supporting systems and infrastructure, and an industry base with large exporting countries. China's exports of electromechanical products complement long-term structural cooperation with developed and developing countries, and have obvious comparative advantages, especially large-scale complete sets of equipment. In the price, performance, duration, financing and other aspects have comprehensive advantages.

The adjustment of domestic industrial structure will make the import of electromechanical and high-tech products have greater development. With the intensified implementation of the strategy for expanding domestic demand, residents’ income continues to increase, and new changes in the population structure will promote the upgrading of domestic consumption structures. The process of industrialization in China is accelerating, and key industries urgently need to accelerate the development through the introduction of advanced technology and equipment and key parts and components, and upgrade their technological level and international competitiveness.

This will create a good market space for China to expand imports of mechanical and electrical products. According to Alibaba.com, the emerging industry is expected to become a new growth point for foreign trade. Chinese enterprises have obvious advantages in the manufacturing of new energy products such as photovoltaics and wind energy. Some products have begun to be exported. Some new materials, a new generation of information technology, and biotechnology have reached the international advanced level, and their development prospects are very broad. With the introduction of relevant support policies in succession, the internationalization of China's emerging industries is expected to further accelerate. As the mother of manufacturing industry, the machine tool industry is bound to usher in the spring of development, accelerating the transition from a machine tool-producing country to a machine-tool-powerful country, and realizing a series of mid- and long-term goals of domestically-made mid-to-high-end CNC machine tools in the domestic market.