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According to statistics from Kunshan Inspection and Quarantine Bureau, Kunshan imported 481 batches of machine tool equipment in the first four months of this year, about US$95 million, a record high. The volume of imports was also 25% higher than during the financial crisis of 2008.
The machine tool equipment is an essential equipment for the metal products industry, including various metal processing equipment such as milling, car, drilling, polishing and machining centers, and has high requirements for accuracy and stability. This type of equipment has always maintained a relatively high proportion in Kunshan's import of electromechanical products, with a value of more than 20%. Imported mainly from Japan, South Korea, Thailand, Germany, and Taiwan, and a small amount from the United States, Switzerland, and France.
According to industry analysts, with the weakening of the financial crisis and the general improvement of the macro economy, the demand for products has increased and the orders of manufacturers have increased significantly. In addition, the improvement of the financial environment has led to a new round of investment in projects. Some manufacturers have increased their capital to expand factories, leading to a significant increase in the number of recently imported machine tools.
The machine tool equipment is an essential equipment for the metal products industry, including various metal processing equipment such as milling, car, drilling, polishing and machining centers, and has high requirements for accuracy and stability. This type of equipment has always maintained a relatively high proportion in Kunshan's import of electromechanical products, with a value of more than 20%. Imported mainly from Japan, South Korea, Thailand, Germany, and Taiwan, and a small amount from the United States, Switzerland, and France.
According to industry analysts, with the weakening of the financial crisis and the general improvement of the macro economy, the demand for products has increased and the orders of manufacturers have increased significantly. In addition, the improvement of the financial environment has led to a new round of investment in projects. Some manufacturers have increased their capital to expand factories, leading to a significant increase in the number of recently imported machine tools.
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