China's metal processing machine tool imports increased sharply in January 2009
Double Screwdriver Bit,Double Ended Screwdriver,Security Screwdriver Set,Double End Screwdriver Bit henan horn tools co.,ltd. , https://www.horn-tool.com
According to the latest statistics released by the customs, in January 2009, China imported 7323 metal processing machine tools, a decrease of 13.9% compared with January 2008, but a significant increase of 28% compared with December 2008; the import value was US$507.413 million, a year-on-year decrease. 14.3%, a decrease of 18.9% from the previous month; the average import unit price was US$69,290 per unit, a slight decrease of 0.18% year-on-year, but a decrease of 36.6% from the previous month.
The above data shows that compared with 2008, China's metal processing machine tool imports showed a certain reversal trend in the first month of 2009, that is, the import volume rebounded, while the import price decreased. The reasons are mainly due to factors such as the country's macroeconomic policies, the decline in international raw material prices, and the decline in demand for high-end CNC machine tools by domestic companies.
In response to the financial crisis and stimulating economic growth, the government has taken a number of measures to increase investment in fixed assets. In 2009, the growth rate of fixed assets investment in the machinery industry is estimated to reach 20% to 30%, while the equipment needed for investment in fixed assets of the machinery industry is mainly machine tools, which will certainly drive the demand for machine tools in the domestic market. In addition, as the country continues to implement incentives for imports, imports of high-end machine tools and key components will also increase.