China's CNC Machine Tool Industry Accelerates Internationalization

After a period of rapid development, China's CNC machine tool industry has achieved a significant advancement in the level of science and technology, in particular, some machine tools with good market prospects, such as CNC cutting machines, CNC flame cutting machines, CNC plasma cutting machines, etc. Equipment in the intelligent technology to achieve international standards, cheap products have sufficient international competitiveness.
Luo Baihui, an industry expert, believes that, together with the influence of the government's steady growth signal, it is expected that the industry as a whole will still achieve a 12% increase, with an increase in exports of more than 30%.
With the recent acquisition of foreign companies by industry leaders such as Zoomlion and Sany Heavy Industry, China's CNC machine tool industry in the low valley has shown internal adjustments, and the pace of internationalization has begun to accelerate.
According to data from the China Investment Association, in the first half of the year, the value of domestic CNC machine tool industry exports reached 3.825 billion yuan, an increase of 32.9% year-on-year.
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