China Machine Tool Industry Association CIMT2013 Press Conference

Ladies and gentlemen, Good morning everyone! First of all, please allow me, on behalf of the China Machine Tool Industry Association, to express my warm welcome and heartfelt thanks to all the guests and friends from all walks of life who participated in today's press conference! I am very happy to be here today with so many new and old friends. At today's press conference, we will mainly introduce the following aspects: the overall situation of China's economy, the operation of China's machine tool industry, the development forecast of China's machine tool market and the 13th China International Machine Tool Show (CIMT2013) Preparations. 1. The overall situation of the Chinese economy has been affected by the complex and volatile economic environment at home and abroad. In the first half of this year, the Chinese economy continued the general trend of slowing growth in 2011. As of the end of June this year, the gross domestic product (GDP) increased by 7.8% year-on-year, the total retail sales of consumer goods increased by 14.4% year-on-year, the added value of industrial enterprises above designated size increased by 10.5%, the fixed asset investment of the whole society increased by 20.4%, and the total import and export volume increased year-on-year. 8%. Overall, the downward pressure on economic operations is greater. In response to this change, the Chinese government has timely introduced a series of “steady growth” regulatory measures. Judging from the current situation, the effects of steady growth policy measures have begun to appear. In recent months, especially since July, there have been some positive changes in economic operations. The Chinese government also promised to put steady growth in a more important position in the second half of the year, which means that the Chinese government will also introduce further regulatory measures in a timely manner based on new economic conditions and new problems to ensure that the Chinese economy remains stable and healthy. development of. II. Operation of China's machine tool industry In 2011, due to the slowdown in domestic market demand growth since the third quarter, the overall economic operation of China's machine tool industry showed a trend of high and low, but still throughout the year. Maintained a high growth rate. The annual sales value of the products reached 642.5 billion yuan (about 99.9 billion US dollars), an increase of 31%; the total import and export volume reached 29.2 billion US dollars, an increase of 28.4%. Since the beginning of this year, the growth rate of demand for machine tools in China has continued to slow down. As of the end of June, China's machine tool industry has achieved a total sales value of 322 billion yuan (about 50.7 billion US dollars), a year-on-year increase of 12%, compared with the same period in 2011. The growth rate dropped by 24 percentage points. The import and export of machine tool products totaled US$14.1 billion, up 2.2% year-on-year. Compared with the same period in 2011, the growth rate dropped by nearly 40%. Among them, the import of metal processing machine tools was US$ 6.34 billion, a year-on-year increase of 3.3%. Compared with the same period in 2011, the growth rate dropped by nearly 55 percentage points. At the same time that the growth rate of the above-mentioned operation and market indicators dropped significantly, the number of new orders of enterprises decreased by more than 30% year-on-year, and the inventory of finished products increased by more than 50%. So far, China's machine tool market demand and China's machine tool industry are still in the downside, but they have shown signs of slowing down. Third, China's machine tool market development forecast Overall, in the context of China's economic growth slowdown, the current demand for China's machine tool market as a whole shows a slowdown in growth and a downward trend, but its decline and downside speed has begun to slow down, presenting There are signs of bottoming out. From the perspective of medium and long-term development, we are still positively optimistic about the Chinese machine tool market, mainly based on the following considerations. First of all, the fundamentals of the Chinese economy have not changed for a long time. China's urbanization, industrialization, and agricultural modernization processes are far from complete. These processes will inevitably provide a broad space for China's economic growth, and will certainly provide huge and sustained market demand for the machine tool industry. China will remain the world's number one for a long time. The status of the machine tool market; Secondly, the Chinese government has comprehensively and profoundly summarized the basis of the positive and negative experiences of the world's economic development, and has increasingly adhered to the guidelines based on the development of the real economy, so it will adopt comprehensive policy measures. Continuously improve and create a favorable environment conducive to the development of the real economy. This policy orientation will certainly provide continuous market demand and good industrial development conditions for the development of the machine tool industry. Third, in the first half of this year, in response to the international financial crisis. And the adverse effects of the decline in external demand brought about by the European debt crisis, the Chinese government has adopted a series of comprehensive control measures (including structural tax cuts, loosening monetary policy, supporting technological transformation of enterprises, encouraging private investment, energy-saving appliances, and civil engineering and infrastructure). Construction, etc.), these measures have been And will continue to promote economic development, structural adjustment, change the mode of development and improve people's livelihood important role to play. Since July, there have been some positive changes in economic operations (stable growth in investment and consumption, a slow increase in the added value of industrial enterprises above designated size in the eastern region, a generally stable labor market, significant structural adjustments, and a fall in price increases, etc.). The Chinese government has confidence. We will achieve the goal of economic and social development throughout the year and maintain the momentum of long-term sustainable economic development. In summary, we have every reason to have confidence in the medium and long-term development of the Chinese machine tool market. IV. Preparations for CIMT2013 The 13th China International Machine Tool Show (CIMT2013), hosted by China Machine Tool Industry Association and co-hosted by China International Exhibition Center Group Corporation, will be held in Beijing, China on April 22-27, 2013. The International Exhibition Center (New Hall) opens. As one of the world's four major international machine tool events, CIMT is the largest, highest-level and most authoritative international machine tool exhibition in China. CIMT is attracting more and more attention from the global industry and users. With the care and help of the global industry, with the strong support of the user industry and the extensive participation of the media industry, CIMT has lived up to expectations and has become the weathervane and barometer of the latest developments in the machine tool industry and the latest demand in the Chinese machine tool market. The last CIMT2011 exhibition was a complete success. CIMT2011 occupies all 8 exhibition halls and 1 temporary building of China International Exhibition Center (New Hall) with an exhibition area of ​​120,000 square meters. The exhibition brought together more than 1,400 exhibitors from 28 countries and regions in the world, including 648 overseas exhibitors and world-renowned companies. During the six-day exhibition, the number of visitors from around the world reached 306,000. Therefore, it can be said that CIMT2011 has created the most CIMT exhibitions and the same kind of exhibitions in China in terms of exhibition scale, number of exhibitors, number of purchasing groups, number of visitors, number and level of exhibits, and sales volume of exhibitions. CIMT2013 will strive to build a high-end display platform for innovation and overall service for exhibitors. The exhibition will use the China International Exhibition Center (New Hall) E1-E8 and W1-W6 a total of 14 pavilions, as well as the South and North registration halls and all corridors, the total exhibition area will reach 126,000 square meters, and will It has become the largest scale of CIMT exhibitions. Despite this, the booth area still cannot meet all the needs of exhibitors. Therefore, it is also expected that all exhibitors will bring the latest and best quality products to participate in the exhibition, and jointly make CIMT2013 a truly high-level, high-quality, high-grade world machine tool event. Distinguished guests and friends: The China International Machine Tool Show (CIMT), sponsored by China Machine Tool Industry Association, has long been supported and actively participated by friends from all over the world and made it a global event. While thanking all parties for their support and love, we will rely on the principle of mutual benefit, relying on a good cooperation foundation and deep friendship, and with greater efforts to further enhance service levels and strengthen cooperation to jointly create a more perfect CIMT exhibition. . In April next year, when spring blossoms, we will look forward to your visit to CIMT2013 in Beijing! I wish the IMTS2012 International Machine Tool Show a complete success! I wish all my friends good health and happy work!

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