EU machine tool manufacturers call for active industrial policy

A few days ago, the EU Machine Tool Industry Federation welcomed the EU's recent speech on the need to rebuild the EU's manufacturing base, but called for more concrete and direct action, calling on the EU to commit to increasing the manufacturing sector's share of GDP by 2020. proportion. The EU Machine Tool Industry Federation is a consortium of 15 machine tool manufacturing national associations. In the EU and Europe, only the trade union and Turkey have 1,500 corporate members, accounting for 97% of the total output value of European machine tools and 33% of the world's output value. The Confederation of the European Machine Tool Industry had previously suggested harmonizing national regulations to promote workforce development and warned of de-industrialization if measures were not taken to support EU manufacturing growth. Under the request of the European Commission to promote industrial rejuvenation, on March 20, 2014, the theme of the EU Spring Summit was industrial competitiveness for the first time. Confederation of the European Machine Tool Industry welcomed the EU's elevating manufacturing to the highest political level, but pointed out that the summit statement did not address the new manufacturing policy if implemented within the EU, and that since leaders did not commit to 2020 reindustrialization goals, it was impossible to In line with industry expectations. The European Machine Tool Industry Federation pointed out that the EU needs to introduce supporting industrial policies to ensure the realization of re-industrialization.