Recently, Mao Yufeng, executive vice president of China Machine Tool Association, said at the symposium that we predict that the development of machine tool industry will be relatively stable in 2019, and overall, we will maintain a medium-to-low-speed development trend. The main business income will be flat or slightly fluctuating with 2018. Different small industry sectors will behave differently.
At the meeting, Mao Yufeng introduced the analysis of China's machine tool market and industry situation in 2018. From January to November 2018, the total profit of machine tool industry reached 42.47 billion yuan, up 12.5% ​​year-on-year; metal cutting machine tool profit totaled 4.99 billion yuan, up 28.8% year-on-year; metal forming machine tool profit totaled 5.24 billion yuan, up 5.7% year-on-year The total profit of the measuring tools was 7.65 billion yuan, an increase of 8.2% year-on-year. The machine tool industry generally presents a steady state of operation.
"The main features of the industry operation in 2018 are: high growth rate and low growth rate. The product structure continues to upgrade in recent years. The order situation is not optimistic, and the business conditions of the industry continue to differentiate." Mao Yufeng said that due to the economic operation of China's machine tool industry, the first eight The monthly basis is good. Although some industries in the second half of the year have declined, the total revenue and total profit of the whole industry may still be flat or slightly increased in 2017.
Looking forward to 2019, Mao Yufeng believes that in terms of favorable factors, the country's series of steady growth policies have effectively developed and the domestic economy has grown steadily. The main indicators of national economic operations in the first 11 months of 2018 have remained within a reasonable range, maintaining overall stability, stability, and progress, and the fundamentals of stable economic operations have not changed. The current economic growth, including production and demand, employment, prices, and balance of payments, has maintained a steady state of operation; the state has increased efforts to improve the business environment. For example, in recent years, the government has continued to reduce taxes and reduce fees, reduce the burden of corporate social insurance, reduce administrative examination and approval matters, and simplify the process of dealing with enterprises. In the future, governments at all levels will certainly take more measures to reduce the burden on enterprises, solve the problem of difficult financing for enterprises, and create a level playing field. The state will have a clearer understanding of the importance of the machine tool industry and support. The policy is expected to be implemented one after another; after the baptism of market changes in recent years, the industry's transformation and upgrading and structural adjustment will deepen.
In terms of unfavorable factors, Mao Yufeng pointed out that there are more uncertainties in external instability. The dynamism of the world economy and trade has weakened, and the international financial market has been turbulent; the problems and contradictions accumulated in the industry for many years are still plaguing some enterprises. If the system is not smooth, the product structure can not adapt to changes in market demand and other issues still exist.
"Integrated analysis and judgment of favorable factors and unfavorable factors in 2019, we predict that the development of machine tool industry will be relatively stable in 2019, and the overall growth rate will be moderate and low. The main business income will be flat or slightly fluctuating with 2018. The industry sector will behave differently.†Mao Yufeng said.
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