China's high-precision machine tool industry has huge room for development

The high-end numerical control machine tools and basic production equipment are one of the 16 major projects identified in the “National Medium and Long-Term Plan for Scientific and Technological Development (2006-2020)”. The “State Council’s Opinions on Accelerating the Revitalization of Equipment Manufacturing Industry” also put high-grade development CNC machine tools and basic manufacturing equipment as one of the 16 key points. The first batch of projects involved in the program will be officially implemented in the near future. According to the project's target plan, by 2020, China will form the independent development capability of the main products of high-end CNC machine tools and basic manufacturing equipment, and the high-end CNC machine tools and basic manufacturing equipment required for manufacturing of aerospace, platforms, ships, automobiles, and power generation equipment. About 80% are based in China.

The total investment in the major special projects of machine tools reached 22.1 billion yuan. In this special investment plan of 22.1 billion yuan, the central government has directly invested 10 billion yuan. All other projects are driven by projects, and special projects are basically implemented in the form of tenders. It includes both the bidding of the whole machine and the numerical control system products, as well as the project bidding for common technology research and development and innovation platform construction. At present, the prosperity of the machine tool industry has dropped sharply, and the sales of low-end and mid-end products have dropped sharply. However, the demand for high-end products (mainly embodied in some large and heavy-duty machine tools) is still relatively strong.

Luo Baihui, secretary-general of the International Modeling Association, stated that 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 degree of foreign dependence is quite high. The high-end CNC machine tools are particularly high. The market share of precision, precision, and precision CNC machine tools is less than 10%, leaving a lot of room for development for high-speed precision CNC machine tools in China.

During the period when China's economy is undergoing adjustment, the expansion of infrastructure construction will drive the demand for railways, wind power, and power equipment, and indirectly stimulate the demand of related machine tool industries. Luo Baihui believes that military, aviation and other industries have relatively rigid demands for high-precision machine tools. At present, the backwardness of high-precision machine tools in China severely restricts the development of China's aviation and national defense industries. The country is bound to increase investment, the future military and aviation industry The demand will have a long-term driving force for the high-precision machine tool industry.

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