Industry New

The quality competitiveness of China's manufacturing industry is steadily increasing, and the consumption structure of machine tools is rapidly upgrading - KINGREAL MACHINERY

2023-07-10
Since the reform and opening up, especially after entering this century, China's manufacturing industry has continued to develop rapidly in the process of reform and opening up. Its overall strength has significantly increased, its structure has been continuously optimized, and its independent innovation ability has been greatly improved. The international status and competitiveness of the manufacturing industry have rapidly improved, and its leading position in the national economy has further strengthened.

With the rapid development of China's economy in recent years, there are more and more metropolitan areas with close connections and regional economic competitiveness in regions such as the Pearl River Delta, Yangtze River Delta, and Beijing Tianjin Tang. Industrial production is developing rapidly, and the average growth rate of industrial added value above designated size has been around 20% in recent years, ranking among the fastest growing countries in the world.

The production of important industrial products ranks among the top in the world. China's crude steel production, power generation, crude oil, ethylene, and some non-ferrous metal production also rank among the top in the world. The growth in the production scale of these important products has provided support for the enhancement of China's manufacturing industry's international status.

The international competitiveness of the manufacturing industry is constantly increasing. Since joining the World Trade Organization in 2001, the integration of "Made in China" with the world economy has further accelerated, and manufacturing has become the main field for China to participate in economic globalization. The export of labor-intensive products such as textiles and light industry, which have comparative advantages, has maintained a good momentum, while the export of high value-added products such as machinery and electronics has grown rapidly, accounting for an increasing proportion of the total export volume. At the same time, the import of advanced technology and complete equipment from abroad has also significantly increased. According to Luo Baihui, Secretary General of the International Mold and Hardware Plastic Industry Supplier Association, the mold manufacturing industry has also become the main area for China to attract foreign investment. In recent years, the actual utilization of foreign investment in the mold manufacturing industry has accounted for over 70% of China's actual utilization of foreign investment.

The manufacturing industry structure is continuously optimized and upgraded. In recent years, by effectively implementing industrial policies and actively promoting industrial structure adjustment, the optimization and upgrading of the manufacturing industry structure have been promoted. The energy and raw material industries have achieved significant development, providing strong support for the national economy. The level of equipment has rapidly improved, and the technological level and localization rate of major equipment in industries such as power generation, CNC machine tools, molds, building materials, petrochemical, metallurgy, and non-ferrous metals have steadily increased. The competitiveness of products has continuously enhanced, which has also effectively promoted the technological upgrading of traditional industries. The elimination of outdated production capacity has achieved results, and the product structure of high energy consuming industries has improved.

The organizational structure of the enterprise is continuously optimized. In recent years, the pace of enterprise mergers and acquisitions has accelerated. Currently, a large number of high-tech and scale efficient large backbone enterprises and enterprise groups have emerged in industries such as steel, non-ferrous metals, molds, building materials, and textiles, promoting the overall quality and international competitiveness of China's industry.

Accelerating the industrialization process is still an urgent and arduous task facing China's economic development. Luo Baihui believes that in accordance with the requirements of the Scientific Outlook on Development, we should accelerate the transformation of the economic development mode, accelerate the integration of industrialization and information technology, adhere to the path of new industrialization with Chinese characteristics, and promote the steady enhancement of the quality competitiveness of China's manufacturing industry. The main work should be done in four aspects:

From the perspective of 29 manufacturing industries, the quality competitiveness index of these 20 industries has improved to varying degrees compared to 2006. The number of industries with a quality competitiveness index exceeding 85 has increased from one in 2006 to two; The number of industries below 75 has decreased from five in 2006 to two.

In the future, China's consumption structure of machine tools will further upgrade, and the demand for high-end and mid-range CNC machine tools and complete line equipment will continue to increase. However, the growth in demand for ordinary and small and medium-sized machine tools will significantly slow down. The market situation requires machine tool manufacturing enterprises to accelerate the adjustment of their product structure. Luo Baihui believes that the increase in production of Chinese CNC machine tools is no longer a key factor, and optimizing the production composition of domestic CNC machine tools and vigorously improving the overall development quality of domestic CNC machine tools is the top priority.


KINGREAL MACHINERY was established in 1995, located in Guangzhou and Foshan city. Our factory covers an area of 8,000 square meters and has more than 120 employees. After years of development and progress, KINGREAL has become one of the most professional coil processing machinery and supplier in China.

We offer full solutions in coil processing and machine tool building, which including high speed coil slitting line, copper slitting machine, heavy gauge slitting, simple slitting machine, coil cut to length machine, metal cut to length line, fly shearing for cut to length machine, sheet metal cut to length machine, etc.

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