Research Report on Machine Tool Industry in China : Size, Trends and Forecasts 2011-2020
In recent years, annual growth rate of investment in fixed assets in China has been in constant decline. In 2015, the cumulative growth rate of investment in fixed assets was 10%, down by 5.7 percentage points compared with that of 2014. Because the market demand for machine tools in China is mainly driven by investment, decrease in the growth of investment in fixed assets would directly lead to a constant drop in the growth of domestic market size of machine tools.
In 2015, sales revenue of machine tool industry in China exceeded CNY 800 billion. Although the output value of machine tool industry in China has been in the leading position globally, structural contradictions of the whole industry have become more acute. Sales revenue of machine tool industry in China is experiencing a rising trend. However, China still lags behind developed countries in terms of manufacturing technics, which is embodied in the technical level and operating speed of core operating components, consistency in product precision as well as reliability of machine tools. For example, core components still rely on import from other countries, which is the biggest obstacle in the development of China's machine tool industry.
Browse Market info, get a Sample PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=717520
According to statistics from General Administration of Customs of China, the total import and export value of machine tool industry reached USD 24.336 billion in 2015, down by 13.49% compared with that of 2014. Import value stood at USD 14.113 billion, down by 18.18% year on year; export value reached USD 10.223 billion, down by 6.06% year on year. Trade deficit stood at USD 3.89 billion.
In recent years, the numerical control rate of Chinese machine tools has been improved. However, when compared with countries such as US and Japan, China still lags behind.
As the high speed stage of the development of heavy chemical industry in China is approaching the end, growth of investment in related fixed assets is constantly declining, which affects the sales of relevant machine tool products in this field. A typical example is from 2011 on, production and import of heavy machine tool products has witnessed a decline trend.
Click to submit Query/ Enquiry: http://www.researchmoz.us/enquiry.php?type=E&repid=717520
Table of Contents
1 Basic Concepts of Machine Tool Industry
1.1 Definition and Classification
1.1.1 Definition
1.1.2 Classification
1.2 Status of the Industry in Chinese Economy
2 Development Environment of Machine Tool Industry in China, 2011-2016
2.1 Economic Environment
2.1.1 Chinese Economy
2.1.2 Global Economy
2.2 Industry Policies
2.2.1 Summary of Major Policies
2.2.2 Development Trend of Policies
2.3 Technological Environment
2.3.1 Labor Productivity
2.3.2 Technological Development Trend
About ResearchMoz
ResearchMoz is the worlds fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMozs service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
Contact Us:
Mr. Nachiket
Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Latest Press-Releases: http://www.researchmoz.us/pressrelease