In February 2011, China's imports of metal processing machine tools fell

According to the latest statistics released by China Customs, in February 2011, China imported 6,157 sets of metal processing machines, which was 45.4% lower than the 11,277 sets sold in January (annually), but it was higher than 4,269 sets in February 2010 (compared to the same period of last year). 44.23%; Imports amounted to approximately US$745 million, a decrease of 27.07% from the previous quarter and an increase of 55.9% from the same period last year; the average import unit price was US$121075 per unit, a 33.59% increase from the previous quarter and an increase of 8.1% year-on-year. In 2010, the cumulative amount of metal processing machine tools imported from China was approximately US$9.424 billion, which was a year-on-year increase of 60.1%, exceeding the US$7.587 billion in 2008 and setting a record high.

From January to February of 2011, China imported 17,440 sets of metal processing machines, an increase of 68.4% over the increase of 10,357 in the same period in 2010; the amount of imports was US$1.768 billion, an increase of 71.7% over the 1.03 billion US dollars in the same period of 2010; The unit price for imports was US$101,392 per unit, an increase of 1.98% from US$99,423 per unit in the same period of 2010.

In February, due to factors such as seasons and holidays, the import volume of metal processing machine tools in China decreased significantly from the previous month. However, on the one hand, domestic machine tool products cannot fully meet the needs of the domestic market, on the other hand, with the further opening of the market, and The state encourages imports and balances the implementation of trade policies. It is expected that the import value of metal processing machine tools will remain high for a period of time. At the same time, although the amount of imports has declined, the average unit price of imports has continued to increase in recent months, indicating that China’s demand for mid- to high-end machine tools has not decreased, and its purchasing power has been strong. Chinese enterprises should seize this opportunity to work hard on how to replace imported products and learn advanced foreign service concepts, achieve structural adjustment, and change the goal of development methods.

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