Abstract China Machine Tool Industry Association (CMTBA) announced on May 12th that the first quarter of 2010 machine tool industry statistics show that from January to March this year, China's machine tool industry has completed a total industrial output value of 103.74 billion yuan, an increase of 42%. ....

China Machine Tool Industry Association (CMTBA) released on May 12th, the first quarter of 2010, the machine tool industry statistics show that from January to March this year, China's machine tool industry completed a total industrial output value of 103.74 billion yuan, an increase of 42.1% Product sales value of 101.06 billion yuan, an increase of 42.8%; product sales rate of 97.4%, an increase of 0.4%.

In terms of import and export, in the first quarter of this year, China's machine tool products totaled US$2.93 billion, up 28.5% year-on-year, of which metal processing machine tools imported US$1.74 billion, up 14.9% year-on-year. In the same period, the total export volume reached 1.38 billion US dollars, a year-on-year increase of 31.1%, of which metal processing machine tool exports totaled 390 million US dollars, an increase of 13.0%.

CMTBA pointed out that in the first quarter of 2010, the machine tool industry continued the upward trend in the fourth quarter of 2009, and the stability was good. The indicators have approached or exceeded the same period of 2008 before the financial crisis. In the first quarter, the market was extremely hot, and the demand for CNC machine tools was particularly prominent, which led to rapid growth of machine tool manufacturers' orders. At the same time, the international market also showed signs of recovery, adding a lower base in the same period last year, and exporting machine tool products. The year-on-year growth was positive and positive.

CMTBA also stressed that thanks to the turning point in the international economic environment, the export of machine tool industry achieved positive growth in the first quarter of this year, but the export price of metal processing machine tools continued to decline, which is not conducive to the restructuring of the export products of the industry. From the point of view of the export market, the export destination has changed a lot, and the Asian market has gradually occupied the top position.

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