Operation overview of machine tool industry in January-Febru
Author: hongyuanTime:
From January to February 2020, due to the double impact of the industry’s decline in the previous year and the COVID-19 since the beginning of this year, from the statistics of the key contact enterprises of the China Machine Tool Industry Association, the overall operation situation of the machine tool industry is not optimistic. The main economic indicators of the year-on-year have both dropped sharply. Throughout the year, the downside factors facing the industry have increased.(HONBbearing02)
The automobile manufacturing industry, which is the most relevant to the machine tool industry, saw a significant decline in production and sales from January to February 2020: 2.048 million vehicles were produced, a year-on-year decrease of 45.8%; 2.238 million vehicles were sold, a year-on-year decrease of 42.0%. This will have a direct impact on the demand of the machine tool industry in the short term. However, the PMI of the National Bureau of Statistics in March was 52.0, and the Caixin PMI was 50.1, both higher than the gloom line, which shows that everyone is generally optimistic about the Chinese economy in the later period and is full of confidence.
The epidemic has increased the downward pressure on China’s economy, but under the active promotion of various support and rescue policies of the national and local governments, with the effective control of the domestic epidemic and the orderly recovery of production and life, the machine tool industry will gradually return to normal run.
It is hoped that industry enterprises can make full use of the policies issued by governments at all levels, turn pressure into motivation, turn crises into opportunities, overcome immediate difficulties, and actively respond to the impact and impact of the epidemic on the operation of enterprises.
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