In 2013, the Chinese machine tool industry continued to experience a downward trend that had persisted for the previous two years. This period was marked by significant changes in market demand structure, influenced by global economic rebalancing and China's slowing economic growth. The traditional growth drivers that had fueled rapid development over the past decade began to shift, prompting a stronger emphasis on structural adjustment and industrial upgrading. As a result, many enterprises started focusing on innovation and service improvements, achieving early success through persistent efforts.
The government also placed increasing importance on the real economy, with top leaders like Xi Jinping personally visiting key machine tool companies. During his inspections, he emphasized the importance of self-reliance, independent research and development, and technological innovation as essential for national competitiveness. These visits underscored the strategic significance of the machine tool industry in supporting China’s broader economic goals.
At the same time, the China Machine Tool Industry Association underwent leadership changes and set new objectives aimed at modernizing its operations. Focusing on services, advocacy, and standardization, the association sought to enhance its role in supporting industry development and improving its overall efficiency.
The year also saw deepened cooperation between domestic CNC machine tool manufacturers and end-users. Various forums and events were organized to facilitate better communication between suppliers and users, involving numerous energy and military enterprises. These efforts helped strengthen the domestic supply chain and improve the application of advanced technologies.
The 13th China International Machine Tool Exhibition (CIMT2013) was held successfully, marking the largest and most advanced exhibition in history. The event not only showcased China’s growing capabilities but also laid the foundation for future upgrades in the industry’s exhibition business, with a focus on internationalization and digital transformation.
Meanwhile, foreign companies intensified their presence in the Chinese market, opening new facilities and acquiring local firms. This signaled their confidence in China’s long-term potential, even as it increased competition in the high-end machine tool sector.
Notably, for the first time in a decade, China’s machine tool imports declined by double digits, reflecting reduced demand for traditional models and a growing preference for high-precision, high-speed, and intelligent CNC machines. This shift highlighted the evolving needs of the domestic market.
Finally, Jinan No. 2 Machine Tool secured another major contract from Ford, reinforcing its position in the global high-end market and demonstrating the rising international competitiveness of Chinese machine tool manufacturers.
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Xuzhou Lange New Materials Co., Ltd. , https://www.successleo.com