Magazine for a number of countries and regions in the world, President of the Association of machine tool to email interview, interviews, including regional macroeconomic trends, the development of machine tool industry, market and technologytrends.

China: demand is weak

Oxford Economics report found that China is carrying out economic rebalancing measures to reduce investment, economic growth has slowed, expected in 2014 growing at 7.2%, 2015 7.1%. due to lack of investment, machinery, commercial vehicles and metal products industry will face a weaker user needs. Capacity utilization isnot high to further reduce spending on new equipment purchases and business expansion. It has some inhibitory effect on machine tool consumption over the medium term.

Information from the China machine tool and tool builders ' Association show, machine tool market remains in the doldrums, metal cutting machine tool market is themost significant, sharp decline in imports of machine tools. Significantly reduced demand for low-end products. Fluctuated in machine tool exports growth.

2013 metal processing machine tools consumption in China amounted to us $31.91 billion, down 16.6%. metal cutting machine tool consumption US $20.71 billion, down 24.4%; forging equipment of $11.2 billion, an increase of 2.8%.

Although most of the different degree of decline in machine tool products, however in the designed, refined, special products, automation products and high value added services and other areas shows that the trend growth, and this trend will continue into the next few years.

For the 2014-2015 trend, China machine tool and tool builders ' Association said total market demand decreased significantly accelerated the trend of escalation and demand structure will not change. This change will not only forced China's machine tool industry restructuring, global machine tool manufacturers presented new challenges and new opportunities for development.

EU: open, the pace of growth

2013 EU GDP in the second quarter from negative to positive, marks the EU's mostlong an economic crisis in 2013 will be terminated. Current EU consumer confidence reached the highest since 2008, high levels of unemployment in a number of countries have begun to fall. Both consumption and investment growth in the EU, at the same time, reduced dependence on external economic growth. Moderate growth in industrial production, capacity utilization is close to the historical average.

EU exports of machine tools production 83%, emerging markets (China, India, Russia) weak influence of 18.3 billion euros in 2013 the European machine tool shipments, as the second high.

In 2013, the EU machine tool consumption down 4% in 2014, has begun to return to growth. Machine tool orders within the European Union quarter and year over year growth of 8% and 16% respectively, cautiously optimistic, machine tool consumption throughout the EU will increase 4.6%. should be higher than the growth rate of machine tools in China and Taiwan.

European machine tool orders mainly from the renovation of equipment as well asemerging markets, and new equipment purchased within the EU the biggest lack of investment in power industry the automotive industry.

Future technology trends, European machine tool Federation believes that intelligent production will lead the development of the manufacturing industry. Intelligentmanufacturing makes the production process more efficient, more precise machining of complex parts, conversation more convenient, simpler, smoother service. In short, intelligent ushered in a new window, makes the production process more tosave resources and energy, is to substantially reduce the impact on the environment.

Along with the economic recovery in Europe, the EU is likely to tighten monetary policy, exchange rate will gradually be raised to normal levels. Within the next five years, average economic growth in Europe is 1.9%, average annual growth of investment in fixed assets is 3.4%. equipment investment slowed due to the first two years, estimated machine tool consumption average annual growth over the next two years 5.8%.

India: early recovery signs

International environment and domestic tightening policies, consumer confidence,economic reform promoting negative factors such as India's economic growth is optimistic.

Oxford Economics report predicted that India's main user of machine tools industry has experienced after 2 consecutive years of contraction, 2014 will be 5.2%, so as to lead to consumption of machine tools 3.8%. machine tool market will be affected by India's Central Bank tightening and the effects of government reforms. IndiaAssociation of machine tool on the market is more optimistic, they believe that taxes on cars in 2014, the Government policy, the consumption tax reduction from 12% to 10%, machine tool market in automobile consumption growth will spur growth. Machine tool consumption were expected to rise percent. and 2015 the market rose 15%.

Indian machine tool consumption was steady at 2.05 billion dollars, including one-third for domestic machine tool. The last two quarters, with the automobile and auto parts, aerospace, defense, energy and other areas of the start of some projects,machine tool orders showed a trend of growth. Market demand is characterized by forming machine tool demand continues to increase.