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The main objectives of the Fifth Plenary Session of the Seventeenth Five-Year Plan on the economic and social development of the "Twelfth Five-Year Plan" pointed out that "the economy should develop steadily and rapidly", "the strategic adjustment of the economic structure has made significant progress", and "the income of urban and rural residents has generally increased rapidly" . However, due to the lack of momentum in the recovery of the world economy, many deep-seated contradictions and problems remain to be resolved. Coupled with the impact of the European sovereign debt crisis, the US economy is weak and the uncertainty of economic development is increasing. At the same time, the supply and demand of resource products in the international market are still tight, some raw material prices may rise, and the appreciation of the RMB exchange rate and the increase in labor costs in China will all increase the export cost of machine tools. What needs special attention is that in the economic downturn, trade protectionism in various countries will continue to emerge. These will have an adverse impact on the expansion of China's machine tool industry.
Luo Baihui pointed out that the machine tool industry is facing an important task of adjusting the economic structure and transforming the development mode. It is necessary to vigorously develop new strategic industries, develop high-end CNC machine tools and their functional components, automated complete production lines, and intelligent control systems. With the adjustment of industrial structure, the product structure is gradually optimized, and the import and export structure of machine tools will also change.
In recent years, China has achieved a number of phased results in the implementation of the "high-end CNC machine tools and basic manufacturing equipment major projects", and some have approached or reached the international advanced level, effectively promoting the innovation and development of China's machinery industry.
With the gradual improvement of the economic recovery situation, a new round of investment boom has emerged in the infrastructure construction and project construction of all countries, and the construction machinery market naturally benefits from this. Although there were factors affecting holidays in February, the market performance did not fluctuate significantly, and the overall sales performance continued to rise. According to expectations, the market situation will be stable in the first quarter. Although it is affected by the earthquake in Japan, the construction machinery market has limited impact.
According to Luo Baihui, head of the International Association of Moulds and Hardware and Plastics Industry Suppliers, European machine tools are getting rid of the impact of the global financial crisis, returning to the growth track, quickly recovering vitality, overseas demand has also been restored, and it has also accelerated the acceleration of related industries in China. development of. At present, China’s total import and export volume has climbed. It is expected that the import and export of machine tool industry will continue to grow in 2011, and the structure of import and export products will be improved. On the import side, the proportion of imports of heavy-duty machine tools and expensive machine tools may continue to decline, and the import of key components required for domestic enterprises to develop high-end machine tools and large-duty machine tools will increase. In terms of exports, in addition to a small number of high-end and large-duty machine tools, there may be breakthroughs in the international market, low-end CNC machine tools, high-quality ordinary machine tools suitable for users' needs, as well as metal cutting tools and abrasive tools, forging and stamping tools, machine tool accessories. Wait, it will still be welcomed by the international market and users.
Luo Baihui said that the strong cycle characteristics supported the machine tool industry to continue to grow in 2011. It takes about one year for the economy to be transmitted from the downstream to the machine tool industry. In 2010, the investment in the automotive, construction machinery and electronics industries will be strong, which will support the machine tool industry to continue its strong growth in 2011.
The demographic changes constitute a long-term positive for the machine tool industry: China's labor costs will continue to rise rapidly after crossing the Lewis turning point, and the demand for machine tools will increase greatly.
The tax reform has boosted the development of domestic machine tool enterprises. After the VAT transition to consumption, companies have more incentive to replace and purchase new equipment; the elimination of VAT exemption for imported equipment will boost the development of domestic machine tool enterprises.
The domestic market is vast and import substitution is on the rise. China produces, consumes and imports more than a quarter of the world's machine tools, and domestic demand is strong. With the technological improvement and scale expansion of machine tool enterprises, the market share of domestic machine tools has risen sharply, and the import substitution trend is obvious.
Focus on three types of companies: According to the development trend of the industry, we should focus on three types of companies in the machine tool industry: the fastest growing companies in the foundry machine tool industry, companies with higher levels of CNC machine tools, and companies with slower cycle recovery. China National Aviation Heavy Machinery changed its trend in the previous period. It has been exerted in the market recently. It has risen rapidly after the opening of the market. The market is enthusiastic and high, close to the daily limit.
For each power tool, there are usually two carbon brushes to choose from: With automatic stop and without automatic stop. Carbon brushes with automatic stop have a spring through the length of the carbon brush. When the carbon brush wears out, the spring gets released, the current to the carbon brush gets interrupted and your power tools switches off at once. The advantage: No additional wear and tear to your power tool. Carbon brushes without automatic stop do not stop functioning at once, but performance of your power tool will detoriate rapidly. Although handy as a warning sign, this usually isn't very beneficial to your power tool.
In 2011, when the world economy is in a recovery phase after the financial crisis, the economic growth rate will gradually recover. The GDP of developed economies will increase by about 2.4%, and the GDP of developing countries will increase by about 6.6%. Luo Baihui, head of the International Association of Mould & Hardware Plastics Industry Suppliers, said that the international market demand will increase, especially the expansion of economic and technological cooperation between China and emerging economies and developing countries, and the establishment of free trade with the six ASEAN countries. District, with Chile, Peru, Singapore and other countries signed a free trade zone agreement and other factors, the international economic environment in 2011 is conducive to the steady and rapid development of China's machine tool industry.