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manufacturer specializing in the production of machine tool accessories

31

2025-03

Analysis of the current market situation and development trend of China's tool industry in 2020 The degree of localization is expected to increase

In 2019, due to the intensification of Sino-US trade conflicts and the continued decline of downstream industries such as automobiles, my country's tool consumption declined. After 2012, the proportion of my country's annual tool consumption to the annual machine tool consumption showed an upward trend, reaching 25% in 2019, indicating that my country's tool consumption is improving in quality, but it is still far lower than that of developed countries.

2025-03-31

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