ASEAN has become a key area for China's machine tool exports

The sluggishness of the European and American markets has not only affected the ASEAN market, but has grown rapidly under the role of zero-tariff policies, becoming an indispensable point of profit growth. Under such a new historical opportunity, the ASEAN Free Trade Area is an important step in the strategy of enterprises going global. China's machine tools and molds are superior in cost performance, and Europe and the United States are becoming the first choice of ASEAN countries. China's machine tool industry is facing a golden age. Development opportunities. The ASEAN countries have also developed a strong interest in the Chinese equipment manufacturing industry entering ASEAN, and have high hopes for Chinese manufacturing enterprises to invest in ASEAN. With the increase in infrastructure construction in China and ASEAN countries, the demand for industrial equipment products has increased significantly. After several decades of development, the quality and performance of “Made in China” products have been greatly improved. The quality of some products is comparable to that of Germany, the United States and Japan, and the price is much cheaper. Every year, ASEAN countries import a large number of industrial equipment products from China. As an old neighbor of ASEAN countries, ASEAN countries are more willing to do business with China. China's industrial equipment industry is facing a rare opportunity for development. According to incomplete statistics, China's existing machine tool holdings are around 8 million units, making it the world's largest machine tool. According to the latest data released by China Machine Tool Industry Association, in the first three quarters of this year, China's machine tool industry still maintained a relatively high growth rate. Compared with 2010, its growth has gradually slowed down and began to show a slow decline, but Large and CNC machine tools exported to the ASEAN market have been on the rise. From January to September this year, the machine tool industry accumulated a total industrial output value of 472.17 billion yuan, an increase of 33.5%. The cumulative sales value of finished products was 458.01 billion yuan, a year-on-year increase of 33.3%. The cumulative import of machine tool products was US$15.27 billion, a year-on-year increase of 38.5%. Among them, metal processing machine tools imported 9.91 billion US dollars, an increase of 51.4%. The export of machine tool products was US$6.56 billion, up 29.5% year-on-year; the export of metal processing machine tools was US$1.74 billion, up 31.7% year-on-year. ASEAN countries have become the key areas for China's machine tool exports. During the “Twelfth Five-Year Plan” period, China's machine tool industry will further accelerate structural adjustment and transform development methods to create conditions and environment for the healthy and sustainable development of the industry. Focus on the development of products and technologies, in addition to the four mainframes (metal cutting machine tools, metal forming machine tools, casting machinery, woodworking machine tools), functional components and machine tool accessories, high-end CNC systems, cutting tools and measuring tools, abrasives, super Hard materials and products are also planned; major technical research is mainly based on common technology research and key technology research. According to the national “Twelfth Five-Year Plan” direction, many domestic industries and fields will have more room for development. The automobile manufacturing sector has always been the largest user unit in the machine tool industry. The “Twelfth Five-Year Plan” will increase investment in the automotive industry and support it. New energy technology applications and existing technology transformation, and vigorously develop energy-saving and environmental protection and new energy vehicles. Industrial upgrading in this field will further stimulate technological transformation and equipment investment for automobile and component manufacturing enterprises. The automotive industry requires a large number of high-efficiency, high-performance CNC machine tools. Flexible production lines, a large proportion of the automotive industry's annual investment is used to purchase machine tool products.

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