Overview of the Development of China's Machine Tool Industry

At present, in China's machine tool industry, private enterprises have occupied the dominant position. The proportion of state-owned enterprises in the output value of the whole industry has dropped from 25% in 2008 to about 10% at present, and the proportion of private enterprises has increased from 60% to nearly 80%.

At present, there are 5547 enterprises above designated size in the industry (782 metal cutting machine tools and 540 metal forming machine tools). According to 2016 data, among the gold-cutting machine tool enterprises above designated size, the main business income of state-owned and collective, private, and foreign-funded enterprises is 18:69:11, and the profit is -12: 97: 13. However, according to the industry association, in recent years, in order to adapt to the upgrading of China's machine tool market and the expansion of the high-end machine tool market, foreign-funded enterprises have continued to increase the scale and number of investments in China. The current share of foreign companies in China's machine tool market is definitely far higher At 11%.