Machine tool companies are looking forward to a turnaround in perseverance

In the past few years, negative factors such as overcapacity, inventory pressure, capital shortage, and a sluggish economic environment have been accompanying China's machine tool industry. For more than two years, despite the urgent expectations of the industry's recovery, it has not been possible. In the industry, we have seen innovation and progress, as well as confusion and hesitation. Entrepreneurs are full of confidence in their vision for the future, but they can also feel their worries and worries about the current difficult situation.
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Recently, with the rapid development of electric power, electronics, aerospace, rail transit, and automobile industries, my country's equipment manufacturing industry has also developed rapidly. However, since the second half of 2011, with the slowdown of global economic development, the equipment manufacturing industry has been the first to be affected, and the machine tool industry, as the "industrial mother machine", has suffered more obviously.
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In the past two years, negative factors such as overcapacity, inventory pressure, capital shortage, and sluggish economic environment have been accompanied by China's machine tool industry. For more than two years, despite the urgent expectations of the industry's recovery, it has not been possible. In the industry, we have seen innovation and progress, as well as confusion and hesitation. Entrepreneurs are full of confidence in their vision for the future, but they can also feel their worries and worries about the current difficult situation.
Recent statistics show that the added value of the machinery industry in 2013 increased by 10.9% over the previous year, an increase of 2.5 percentage points over the previous year. The annual growth rate of main business income slowly picked up month by month, the growth trend was better than expected, and the completion situation was good. At the same time, survey data recently released by the National Bureau of Statistics and China Federation of Logistics and Purchasing showed that in January, China's manufacturing purchasing managers' index (PMI) was 50.5%, indicating that the basic trend of steady economic growth will not change. Under the background that the overall situation tends to develop steadily, the automobile, electronics, aviation, rail transit and other manufacturing fields are recovering rapidly, and the changes in the demand for equipment manufacturing, especially machine tool equipment in the process of transformation and upgrading, have a favorable impact on the machine tool industry. .
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When will these favorable factors be "transferred" to the machine tool industry? When will the machine tool industry pick up? The industry insiders are eagerly looking forward to it. Our reporter recently visited some experts and enterprises in the machine tool industry. From the perspective of various parties, the industry situation is still grim, and it is still unknown when the machine tool industry will recover.