Examine the China Machine Tool Industry Research 2008

Tag : Tools And Machinery
Considering the overheated economy and higher inflation, thecentral government has tied the monetary policy, which has alreadyaffected on some investments, particularly small and medium-sizedmachine tool investors. China's machine tool industry is expectedto slow down, but, on the other hand, high-value-added productssuch as NC machine tool, large and heavy machine tool will stillkeep a strong growth, especially the state key projects and 16major science and technology projects will boost the domesticdemand for high-technical NC machine tool. China is expected tomaintain a strong demand for NC machine tool in the next three tofive years; in particular the large-scale NC machine tools willremain a 30 per cent growth.