German Machine Tool Industry Co-operative Compose A Win-win

Online, November 11, 2013 (Newswire.com) - China is the world's largest machine tool market, is also the largest importer of machine tools, China's importance in the German machine tool industry suppliers ranked 7,2009 despite the international financial crisis slowed the upward trend of China's machine tool supply, but In 2010, he returned to this supply growth track, the German machine tool imports from China amounted to approximately 74 million euros, compared with increased by 50%, mainly including parts, accessories and lathes.

In 2010, China's machine tool imports from overseas, 21% from Germany. This means that Germany became the China after Japan's second-largest machine tool industry suppliers. German machine tool exports doubled, by the international financial crisis is relatively small, since late, in order to achieve double-digit growth area has been in the second half of, and even a few May there has been triple-digit growth. order bookings increased by an average of 85%, the latest machine tool shipments reached 1.7 billion euros. German Machine Tool Manufacturers Association expects the German machine tool production will increase by 30%, creating the industry's biggest gain in history.

This change in the global machine tool industry to adjust the backdrop happen. The international financial crisis triggered a full cone crusher price adjustment ball machine tool industry restructuring. Global machine tool production increased by 25% over the previous year, while the basic driving force of growth from the Asian region, Korea, Japan, China and other countries have achieved double-digit production growth. The world's largest producer of machine tools ranked undergone significant changes in China for the first time rose to the top. according to the international economic experts, the global machine tool consumption will grow by 20%, of which three-fifths of the sales will occur in Asia.

MAG Global Technology Vice WolfgangHorn that have good technical basis for the development of China's machine tool industry is very fast, you need to push through more innovative technological advances in order to adapt to the world machine tool industry developments. Hein also endorse this view, he introduced the German machine tool manufacturers are innovative, most of the German machine tool manufacturers in the development of medium-invested a considerable proportion of turnover, an obvious example, the international financial crisis, facing a decline in orders, they still retain a lot of technical R & D personnel, putting efforts on new product development, it is this phase of innovation, brings nearly two years a significant increase in orders. WolfgangHorn suggested that Chinese machine tool companies and German companies compete in the same time, both sides can carry out extensive cooperation, such as the establishment of technical bases, joint development and manufacturing of machine tools, the more emerging market expansion.