China's plywood machine tool manufacturing and Chinese market have become an important force to promote the steady progress of the world economy. The continuous industrial upgrading and transformation development have brought China's machinery and equipment industry into a golden period of development. On the one hand, China is in the middle stage of industrialization, which is a good period for the development of mechanical equipment industry; on the other hand, the construction of new countryside and the process of urbanization bring huge market space to the machine tool equipment industry.
China's machinery manufacturing industry has a world-class level in the fields of mold, electronic production equipment, plastic machinery, woodworking machinery, cutting machine tools, molding machines, etc. However, China's market is narrow and its development space is limited. China's machinery industry is facing the adjustment of industrial structure and needs further expansion and outward transfer. At the same time, the global manufacturing industry is speeding up the transfer to China, and the autonomy of major technical equipment has become an important industrial policy in China. All these will provide important support for the great development of China's mechanical equipment industry.
China's non manufacturing machinery industry has become one of the main economic sectors in charge of international machinery business, with a growth rate of 71.6% earlier than that of China's international machinery industry. At present, the world has become the largest export market of China's machinery products.
China's machinery manufacturing industry has a world-class level in the fields of mold, electronic production equipment, plastic machinery, woodworking machinery, cutting machine tools, molding machines, etc. According to the International Association of suppliers of mould, hardware and plastic industry, China's machinery manufacturing industry mainly exports machine tools and machines. In 2020, the output value of tool machines accounted for 13.2% of the machinery and equipment industry, making it the sixth largest production base in the world.
