The machine tool industry is a strategic industry related to the national economy, serving as the processing mother machine for equipment manufacturing and a key equipment for manufacturing. Almost all metal cutting and forming processes require the use of machine tools.
With strong support from national policies, China's machine tool industry has developed rapidly and has become the world's largest consumer and importer of machine tools for several consecutive years. The demand for machine tools continues to increase, and the total output value of the machine tool industry also continues to rise. In 2016, China once again led the world with a machine tool consumption of 27.5 billion US dollars. However, due to its late start, there is still a significant gap between China's machine tool industry and developed Western countries as a whole, which also indicates that there is huge room for development in China's machine tool industry.
In the future, with the expansion of production scale and global industrial transfer in the manufacturing industries of automobiles and parts, aerospace, molds, railway transportation equipment, engineering machinery, and other types of equipment, the strong demand for multi-level machine tool products in related industries will further promote the rapid growth of China's metal cutting machine tool manufacturing industry. In terms of policies, the Chinese government has listed the development of large-scale, precision, high-speed CNC equipment and functional components in the metal cutting machine tool industry as one of the important national revitalization goals, which will also promote the rapid development of the industry.
At present, a series of progress has been made in Internet architecture design, technological innovation and industrialization, ecosystem construction, application mode innovation, international cooperation, etc. Therefore, we need to seize this opportunity and take advantage of the development opportunities of intelligent manufacturing and industrial Internet in China to carry out the integration and innovation of machine tool industrial technology and information technology.
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