Foreign machine tool giant "test water" South China
2018-09-23 17:01:50
The US Carlyle Group’s acquisition of “China’s No. 1 Manufacturing†Xugong Machinery once triggered an unprecedented concern of the Chinese people in the machinery manufacturing industry. At the China (Guangzhou) International Machine Tool Show and the German International Metalworking Exhibition on the 18th, the machine tool giants participating in the exhibition admitted to the reporter that "China is now very protective of the equipment manufacturing industry, and some products originally in the duty-free catalogue. It will be deleted, which will increase our cost.†In fact, as the Chinese economy continues to develop, the “cake†of the equipment manufacturing industry is getting bigger and bigger. Many foreign giants have entered China, including the largest manufacturing base in South China. Li Qing, head of the representative office of Hyundai-Kia Co., Ltd., a Korean machine tool giant, said that the industry generally believes that the demand for machine tools in South China will increase by more than 20% in recent years, and the demand for medium and high-end CNC machine tools will grow even faster. In the past two years, the sales in South China have to double their annual average. In addition, international machine tool giants including Japan Marubeni and South Korea Daewoo have developed new plans in the South China market.
Zhou Weidong, vice president of the Machinery Industry Branch of the China Council for the Promotion of International Trade, said that China has become the world's largest machine tool consumer market for four consecutive years. In 2005, it consumed 21% of the world's machine tool output.
The organizer Germany Mesa Exhibition Group said that the theme of this exhibition is “improving China's manufacturing industryâ€. It is the first time that Germany's top metal processing exhibition (AMB) has entered the mainland. It also shows that the global industry is generally optimistic about the Chinese machine tool market.
Zhou Weidong, vice president of the Machinery Industry Branch of the China Council for the Promotion of International Trade, said that China has become the world's largest machine tool consumer market for four consecutive years. In 2005, it consumed 21% of the world's machine tool output.
The organizer Germany Mesa Exhibition Group said that the theme of this exhibition is “improving China's manufacturing industryâ€. It is the first time that Germany's top metal processing exhibition (AMB) has entered the mainland. It also shows that the global industry is generally optimistic about the Chinese machine tool market.
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