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Jinan AOL CNC equipment Co.,Ltd

Address:No.95-12, Gongye North Road, Jinan, Shandong



Contact:Ms. Nancy Zhang




Metal-cutting machine tool industry

Jinan AOL CNC Equipment Co.,Ltd | Updated: Mar 02, 2016

2011 China's metal-cutting machine tools industry has maintained a high boom of the industry revenue growth above 20%, profit growth rate maintained at around 20%, mainly 2010 macroeconomic situation is better, stronger industrial enterprises in the procurement of equipment investment, delayed effects make 2011 machine tool industry did better. In 2011 and 2012 the macroeconomic environment deteriorated, resulting in machine tool industry since 2012 sales, profit growth slowed to expand.

2013, the Central moves down the marginal effect of weakening economic growth, weak economic recovery was established, machine tool industry's willingness to invest and raw materials rebounded. While industry profit growth still in decline, but the decline narrowed significantly. 2013 warmer machine tool industry is expected to make the 2014 revenue, profit growth and further promotion.