New orders for China's machine tool industry declined in the third quarter

According to reports, in the third quarter of this year, due to macroeconomic factors and other factors, the new orders in China's machine tool industry showed a downward trend, and the downturn became the mainstream mentality of machine tool manufacturers. According to market research, in the third quarter of 2011, market demand decreased, and orders for low-end products declined significantly. Orders for heavy-duty and large-scale machine tool products showed a significant downward trend, among which large-scale machine tools were particularly prominent. Although some large domestic machine tool companies have completed the expected growth is a foregone conclusion. However, in 2011, high orders were mostly obtained when the company was operating at a high market level. Since the second half of the year, new orders from enterprises have shown a downward trend. Although it does not affect the growth rate this year, most companies have worried about the market next year and lowered the market expectations for next year. According to the latest quarterly monitoring report of China's machine tool industry and automation market, the market size of machine tool industry automation products in the third quarter of 2011 was 2.343 billion yuan, down 22.8% from the previous quarter and down 19.1% from the same period last year. 172. In the third quarter, the output in the second quarter was significantly lower than that in the second quarter. At present, the machine tool enterprises are affected by the economic environment and the market is sluggish, and the procurement of automation products is reduced. Relative to the sluggish demand of the domestic machine tool market, the export situation of machine tools in the third quarter has not been significantly affected. In the third quarter of 2011, the export volume of machine tools reached US$1.754 billion, a year-on-year increase of 30.5%. Among them, metal processing machines occupy the first place with a 36% share.  

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