In 2011, the machine tool industry achieved a profit of 44.58 billion yuan

In 2011, the Chinese machine tool industry continued its rapid growth in 2010, but the growth rate began to decline slowly in the second half of the year. According to China Machine Tool Network (Machine35), the adjustment of the industrial structure of the machine tool industry has made remarkable progress, and high-end machine tools serving high-end users are in short supply. The structural upgrade of market demand accelerated, and imports hit a record high, while domestic demand for low-end products decreased significantly. The international machine tool market continued to show a different degree of recovery. China's export of machine tool products to emerging markets increased steadily.

According to relevant statistical data, from January to December 2011, the total value of industrial machine tools was 660.65 billion yuan, an increase of 32.1% year-on-year; the product sales value was 642.49 billion yuan, an increase of 31.1% year-on-year; the product sales rate was 97.3%. Year-on-year decrease of 0.8%. The machine tool industry realized a profit of 44.58 billion yuan, a year-on-year growth rate of 28.0%; the profit margin of output value was 6.7%, which was a decrease of 0.3 percentage points from the same period of last year. The total amount of fixed assets investment in the machine tool industry in this period increased by 54.7% year-on-year.