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The total investment of major machine tools reached 22.1 billion yuan. In the special investment plan of 22.1 billion yuan, the central government directly invested 10 billion yuan. The other projects were driven by the project, and the special projects were basically implemented in the form of tenders. It includes not only bidding for complete machine and CNC system products, but also project bidding for common technology research and development and innovation platform construction. At present, the prosperity of the machine tool industry has fallen sharply, and the sales of low-end and mid-range products have fallen sharply. However, the demand for high-end products (mainly on some large and heavy-duty machine tools) is still relatively strong. From January to October 2008, the growth rate of machine tool imports was higher than that of import volume, indicating that the demand for high-end machine tools with high added value is gradually increasing.
Domestic demand for high-precision machine tools will continue to rise
During the adjustment period of China's economy into the “Twelfth Five-Year Planâ€, the rapid expansion of infrastructure construction will drive the demand for railways, wind power, power equipment and other aspects, which will indirectly drive the demand of the relevant machine tool industry. Military, aviation and other industries have strong rigidity requirements for high-precision machine tools. However, the backward situation of China's high-precision machine tools has seriously restricted the development of China's aviation and national defense undertakings. The country is bound to increase investment. The demand for rapid development of military and aviation industry will have a long-lasting driving force for the high-precision machine tool industry. . At present, the domestic machine tool industry has a market share of about 70% in China, while the market share of CNC machine tools is only about 43%, and the external dependence is quite high. The market share of high-end CNC machine tools, especially high-precision and sharp-point CNC machine tools, is less than 10%, leaving a lot of room for development of high-speed precision CNC machine tools in China. High-end CNC machine tools and basic production equipment are one of the 16 major projects identified in the National Medium- and Long-Term Science and Technology Development Plan (2006-2020). The State Council’s Opinions on Accelerating the Revitalization of Equipment Manufacturing Industry CNC machine tools and basic manufacturing equipment are among the 16 key points. The first batch of projects involved in the program will be officially implemented in the near future. According to the target plan of this special project, by 2020, China will form the independent development capability of the main products of high-end CNC machine tools and basic manufacturing equipment, and high-end CNC machine tools and basic manufacturing equipment required for aerospace, platform, ship, automobile and power generation equipment manufacturing. About 80% is based in China.