According to the machine tool industry insiders said: from the collected materials Association of machine tool market in more than and 20 countries and regions in the preparation process of CIMT2009, the world machine tool market situation can be said to be a sudden turn for the worse.
The impact of the financial crisis has not yet bottomed out, if Chinese was subjected to a lot of words, Europe and other market impact is much more serious than we, many foreign manufacturing enterprises in semi shutdown or even collapse, in this state they increasingly focus on the China market, even the China machine tool market as the only hope. Although the size of the Chinese market is also shrinking, but also in the world is a relatively prosperous market.
This is a prominent feature of the current international market appears: international famous invariably focus on Chinese market, which undoubtedly makes China more intense market competition, brought more competition pressure to the domestic enterprises. In addition, the current stage of foreign enterprise investment is also cautious, such as in the past. They plan to set up wholly-owned or joint-venture factories in Chinese, now use; another important feature is that the strength of some multinational companies more than ever with new products and technology development, in order to compete for the new market, at the same time the technical reserves for the future.
We focus on the world Chinese machine tool market is also reflected in the foreign machine tool enterprise CIMT2009 for participating enthusiasm: Despite the situation, but the majority of foreign enterprises or to participate in this International Machine Tool Exhibition China -- this is one of many companies have canceled this year's EMO exhibition in Milan, they did on the market China pinned great hope.