Recently, the China Machine Tool & Tool Industry Association's "Analysis of the Economic Operation of the Machine Tool Industry in the First Half of 2012" was issued. According to the data, due to the economic situation at home and abroad, China's machine tool industry is facing a grim situation, and the main macro data provided by the National Economic and Trade Bureau has been decreasing month by month. In the overall downturn of the domestic market, exports maintained a good momentum of growth. The import of metal processing machines still showed positive growth on the basis of the large base last year.

In the first half of this year, the growth rate of the major economic indicators of China's machine tool industry continued to decline, mainly showing the following operating characteristics: (1) The year-on-year growth rate of production and sales continued to decline; (2) The demand for users increased significantly; (3) Imports were still high : (4) Exports maintained steady growth. The economic operating data for January-June also reflected that the mainland’s imports of machine tool products from the Taiwan region remained high, accounting for 11.2% of all imported products.

According to the report, in the second half of the year, the machine tool industry will enter a period of low-speed and stable growth, and the downward trend will continue, and the transformation and upgrading of enterprises will become even more urgent. It is expected that the industry will maintain its single-digit growth rate in the second half of the year. Among them, metal processing machine tools may experience negative growth. In particular, the annual decline of Jinche Machine Tools is a foregone conclusion. If there is no particularly good news, the total industrial output value is comparable to that of the same period of last year. Should be reduced by more than 10%.