The positioning of the German machine tool industry is different from that of other countries

by:Gewinn     2022-05-21
For China, which is striving to build a strong industry, the German machine tool industry has positioned itself differently from other countries. We can provide a wide range of products and services - which can meet the needs of most manufacturing tasks. We offer a full range of services and extensive engineering business experience, as well as a global operating customer base. Due to its low labor cost and high output, China's machine tool manufacturing industry has a major cost advantage. This also means that they and German manufacturers are active in different market segments. Therefore, we do not think that in the next few years, local Chinese machine tool manufacturers will compete with German manufacturers on the same stage. Nominally, China now exports about one-sixth of its machine tool output. As a result, it has risen to the eighth place in the ranking of the world's most important exporters. However, taking the export to Germany as an example, it will be found that there are many machine tools that are not classified according to international statistical standards. This makes this data less comparable to other data. Another major problem in China's machine tool industry is the widespread technical plagiarism. This is very harmful to the status and credibility of Chinese industries in the global market and must be stopped decisively.
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