Finance and Business

The financial crisis, all walks of life cope with economic entities have been actively looking for good policy, and formed a consensus: should the crisis as an industry in transition, enterprise product technology upgrade opportunity, relying on scientific and technological innovation and adoption of advanced manufacturing technology to overcome the financial crisis. However, to achieve the manufacturing technology innovation and processing technology to upgrade the machine tool industry in particular, play a decisive role in the rapid development of even more.

Today, the cutting tool industry has been for the manufacturing industry with more and more advanced technical support, such as automotive engine parts and processing of several typical tools, aircraft landing gear and other aerospace components and cutting tools, but also processing of molds with a knife, and even including my new Wind electric industry, high speed train industry and other key parts and processing tools. According to statistics, the global manufacturing cutting tools according to the movements of plate distribution, accounting for 35% of general machinery, automobiles accounted for 34%, the aviation industry accounted for 12%, accounting for 5% of medical equipment, mold, 4%, others 10%.

In 2008, China’s machine tool consumption reached a record level of 19.44 billion U.S. dollars, has the world’s highest for seven consecutive years. China’s spending for the first time exceeded tool of major developed countries to 40 billion U.S. dollars. But, relative to the size of China’s huge consumption of machine tools, the tool is still extremely low level of consumption, accounting for only 20% of machine tool consumption. This proportion is far lower than developed countries, but also below the world average level (machine tool consumption and the consumption rate of the global average is about 25%). This shows that our tool consumption, low cost and inefficient traditional knife still the mainstream, far from being fully functional machine, raise labor productivity in the manufacturing sector has great potential.

Another set of data, China for the production of high speed steel cutting tools and carbide two kinds of raw material consumption, accounting for about 40% of the world’s total consumption, but the cutting tool sales in China but only 15% of the global total. At the same time, China’s production of cemented carbide cutting tool with Japanese produced in equal quantities, but the product’s value does Japan third. This is another way reflects the extent of China’s Tool Industry as well as the development of extensive waste of resources is serious.

At present, the developed countries, carbide tools for high performance tool sales accounted for more than 70% of total sales. In China, the proportion of Chinese made knives carbide cutting tools and efficient, the domestic part of the only 40%. If the total is lower within the export, only 28%. Tools for product structure of China’s serious unreasonable situation is evident. In 2007, China’s production of high speed steel cutting tools 4 billion, tools, manufacturing power output of 50 times in Japan, is the global community as a tool for astronomical figures. However, accounting for 80% of the total product as a household tool kit (low end products) exports, while export prices of these products is lower than the international prices of raw materials, these exporting enterprises rely entirely on live national export tax rebates.

It is not difficult to see that tool industry is facing this country in an awkward situation: the door there is a tool for the world’s largest market for the entire industry provides ample space. And because its late start, develop slowly, unable to provide a modern and efficient tools to meet market demand, had watched their own to win in front of cake by others. Therefore, the current tool industry put the country only one way out on the development of modern and efficient tool to achieve structural adjustment of industrial upgrading, and get rid of low level redundant development.

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