Industry News

Global cutting tools market growth for the competitive global general machinery, automotive, aerospace, energy, health, rail transportation, mould machine tool, the industry is inseparable from the cutting tool and equipment. In the future development trend from global cutting tools market in the next five years is predicted to grow by 3% ~ 5%, at this rate, we still comfortably in the world the NBA. From the supply of domestic tool to see, domestic tool dominated, 65%. We've also done like strains so excellent enterprise drill, plus the original four tool factory etc, about 10 backbone enterprise, all from the traditional tools into modern tools industry, and better every year development well, they have entered the rapid growth. This is a very good performance.

In 2010, China's total import and export deficit instrument industry continue to expand, have a record. Among them, the analysis instrument is deficit 'great', imported 3.188 billion us dollars, export only $709 million, deficit amount of $2.479 billion, or 17% of the whole industry deficit. And, import instrumentation basic monopolize the high-end product market, and to ZhongDiDuan product expansion. China is the side of the broad market prospect, part is by foreign products monopoly of the reality. This is China's analysis of the present situation of instrument industry will face.

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