Machinery
China
Overview
US machinery exports have experienced healthy growth over the past four years rising nearly US $3 billion in value since 2000 to reach more than US $ 7.2 billion in 2004. One of the main drivers for increased demand for US machinery products is the expansion of China’s manufacturing capacity and increased competition among Chinese manufacturers. The automotive industry accounts for over half of China’s machine tool industry and has been driving growth on this sector for the past four years.
In order to deal with the increased market opportunities and competition resulting from entry into the WTO, China has placed great emphasis on upgrading its conventional industries with more advanced high-tech machinery and equipment. China is also moving rapidly to restructure the state-owned, exclusively invested and private enterprises. These two initiatives, along with the start-up of numerous major national projects, are stimulating rapid growth in the demand for machine tool and tooling products in China. As a result, market opportunities exist for machine tool builders. China is expected to continue to import advanced equipment and technology valued in the tens of billions of US dollars.
Best Products/Services
Imports of metal-cutting machine tools increased by 20.6%, with a total value of USD 2.07 billion, and metal forming machine tools increased by 40.26%, with a total value of USD 1 billion. The majority of import sales were for the following machines: grinders, lathes, spindles, tool carriages, ball-screws, tool system manipulators, high-speed protectors, and precision tools. China primarily depends on imported machine tools and integrated products that are high speed, precise, intelligent, environmentally friendly, high quality, and efficient.
Resources
U.S. Associations
Association of Manufacturing Technology (AMT)
Chinese Association
China Machine Tool & Tool Builders’ Association
Trade Shows
The 5th China International Equipment and Manufacturing Exposition (CIEME 2006)
August 29- September 2, 2006
Shenyang, China
10th China International Machine Tool Show
China International Exhibition Center (Beijing)
April 2007
CS Contact:
Commercial Service Beijing:
Tel: (86-10)8529-6655
Fax: (86-10)8529-6558/9
Ms. Peining Zhao
peining.zhao@ mail.doc.gov
Commercial Service Shanghai:
Tel: (86-21)6279-7930
Fax: (86-21)6279-7639
Commercial Service Guangzhou:
Tel: (86-20)8667-4011
Fax: (86-20)8666-6409
Ms. Eileen Bai
eileen.bai@ mail.doc.gov
Commercial Sevice Chengdu:
Tel: (86-28)8558-3992
Fax: (86-28)8558-9221
Ms. Chen Ling
ling.chen@ mail.doc.gov
Commercial Service Shenyang:
Tel: (86-24)2322-1198x8142
Fax: (86-24)2322-2206
Ms. Liu Yang
Yang.liu@ mail.doc.gov