Automotive Industry Helps China Machine Tool Development

On April 9th, 2011, China International Tool Technology Seminar was held in Beijing. Liang Xunjun, authoritative expert of the machine tool industry and honorary chairman of China Machine Tool Industry Association, stated that the annual consumption of China's machine tools exceeds that of the three major machine tools industry in the United States, Japan, and Germany. With the sum of power consumption, China is still the world’s largest consumer of machine tools.

The machine tool industry is the basic industry for industrial production, and it is the most basic means for achieving equipment manufacturing. With the rapid development of China's equipment manufacturing industry, the consumption of machine tools will continue to maintain rapid growth, and will increasingly become a thriving market for attracting global machine tool industry enterprises.

The head of the world-famous tool manufacturer Walter said on the same day that Walter will relocate its Asia Pacific headquarters from Singapore to Shanghai and use China as the center to radiate throughout Asia.

In addition, according to statistics from the National Bureau of Statistics on the investment situation of 13 machine tool users, the largest investment is in the automotive industry and electrical and electronic industries, and the year-on-year increase is around 30%. Automotive and electrician electronics have become leaders in the development of machine tools.

Solid wood moulding

Solid Wood Moulding,Crown Molding ,Baseboard Molding ,Wood Molding

Wood Parts Co., Ltd. , http://www.chinawoodmoulding.com

This entry was posted in on