Analyzing the Importance and Role of the Machine Tool Industry in the New Era

1. The equipment manufacturing industry represented by the machine tool industry is the driving force for a new round of China's economic cycle. In this round of economic crisis, China's equipment manufacturing industry has shown its strong development force and has become a counter-cyclical regulator. Instead of pro-cyclical participants, the future will be the driving force for China's new round of economic cycles. The main manifestations are: First, equipment manufacturing will become the "engine" of China's technological innovation; Second, with the development of high-end equipment manufacturing, A large number of middle-class producers will be created. Third, China's equipment manufacturing industry will gradually grasp the right to set prices for a considerable number of products in the international market.

2. The machine tool industry is the central link in the development of strategic emerging industries Since the global financial crisis and economic recession occurred, the United States, Europe, Japan, Russia, and other countries have been reviewing the development strategy in order to respond to the crisis, recover the economy, and seize the future development opportunities and commanding heights. Continuously accelerating the "re-industrialization" and nurturing and developing strategic emerging industries supported by technologies such as new energy, energy conservation and environmental protection, low-carbon, bio-medicine, new materials, a new generation of information networks, smart grids, and marine space and sky. We will restructure the industrial system led by strategic emerging industries. The machine tool industry is not only an integral part of the strategic emerging industry, but also an important foundation for ensuring the healthy development of other strategic emerging industries.

3. Making the machine tool industry bigger and stronger is an important means of participating in global industry competition. With China’s demographic dividend and open-policy dividends, China’s low-cost comparative competitive advantage will cease to exist. Accelerating the development of the machine tool industry and complete sets of equipment for robotic automation production lines are the inevitable requirements for participating in global industrial competitiveness.

4. Making the machine tool industry bigger and stronger is the basic path to break through the “middle income trap”. With the entry into middle-income countries, if the structure and driving force supporting the long-term growth of the Chinese economy do not change, and the institutional mechanisms and strategies do not change, China may fall into the trap. The growth trap of the disappearance of old competitive advantages and the absence of new competitive advantages. During the "12th Five-Year Plan" period, China will realize the transition from OEM to autonomous production mode; from low-price competitive advantage to differentiated competition strategy; from imitation to innovation; from low-end manufacturing to large-scale production From the transformation of the final stage of the design process to the previous segment... If these modes of development can be transformed, a historic breakthrough will be made in China's economic structural transformation and a new dynamic mechanism for economic growth will be firmly established. To achieve this, we must break through the "middle income trap" and must accelerate the development of the machine tool industry as a machine manufacturing industry and the entire industrial base.