The world economy is recovering slowly At present, the world is multi-polarized, economic globalization is developing in depth, and technological innovation is gestating new breakthroughs. However, the world economy is recovering slowly and the process is difficult and tortuous. The international financial crisis that has not happened in a hundred years has far-reaching effects, the global demand structure has changed significantly, and the unstable factors of economic recovery have increased. Global issues such as climate change and energy and resource security have become more prominent. International and regional hotspot issues have arisen one after another. The external environment for China's development is more complicated, and the machine tool industry is facing new development opportunities and challenges.
Returning to the manufacturing industry The financial crisis has caused reflections from developed countries, and they have implemented “re-industrialization†with advanced manufacturing as the core and returned to manufacturing. The world's manufacturing industry is facing a new round of industrial restructuring supported by high and new technology. Competition around markets, resources, talents, technology and standards will become more intense.
The international status of China's machine tool industry has improved With the rapid development of China's machine tool industry, the overall competitiveness has been continuously enhanced and the international status has been significantly improved. The world's manufacturing powers are afraid of losing the tempting Chinese market, while worrying about being overtaken by China, and international technology and economic exchanges are in a new and complex environment.
Import and export trade will launch a new game. Developed countries are driven by their own interests, trade protectionism is on the rise, and exchange rate disputes will be inevitable. The protection and game of international trade has risen rapidly in terms of quantity, intensity, means and content, showing normality and persistence. The implementation of the Free Trade Area and the Cross-Strait Economic Cooperation Framework Agreement (ECFA) has increased the complexity of the external environment for the development of China's machine tool industry.
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