Machine tool import and export showed a recovery growth in the first half of the year

Abstract According to customs statistics, in the first half of this year, the total import and export machinery industry 235.076 billion US dollars, an increase of 39.6%. Among them, imports were US$116.508 billion, up 47.01% year-on-year; exports were US$118.56 billion, up 33% year-on-year.

According to customs statistics, in the first half of this year, the total import and export of machinery industry was 235.076 billion US dollars, a year-on-year increase of 39.6%. Among them, imports were US$116.508 billion, up 47.01% year-on-year; exports were US$118.56 billion, up 33.01% year-on-year. The trade surplus of import and export was US$2.06 billion (according to the statistics of China Machinery Industry Federation, the same below).
The growth rate has not reached the level before the financial crisis In the first half of this year, the import and export of machine tool industry was 8.958 billion US dollars, up 33.3% year-on-year, and has been growing for 6 consecutive months. Among them, imports were 6.485 billion US dollars, up 33.94% year-on-year; exports were 2.473 billion US dollars, up 31.64% year-on-year. The trade deficit between import and export was US$4.012 billion, a deficit of US$3.132 billion from the same period of the previous year, an increase of US$880 million.
In the first half of this year, metal processing machine tools imported 41,500 units, 3.970 billion US dollars, an increase of 24.28% year-on-year; exports of 776 million US dollars, an increase of 19.68%. Among them: 8358 sets of CNC machine tools, 1.606 billion US dollars, the amount increased by 7.23%; exports 9129 sets, 199 million US dollars, the amount increased by 50.49%; processing center imports 13,573 units, 1.397 billion US dollars, the amount increased by 74.41%; exports 388 Taiwan, 27.738 million US dollars, the amount decreased by 14.47%; combined machine tools imported 297 units, 70.113 million US dollars, the amount decreased by 56.19%; exports 1,332 units, 4.207 million US dollars, the amount decreased by 13.69%.
In the first half of this year, the import and export situation showed three characteristics: First, although the export of the whole industry increased, it still did not reach the same level before the 2008 financial crisis. Compared with the same period in 2008, exports in the first half of 2010 were $252 million less than exports in the first half of 2008 ($2.725 billion), so they are still recovering.
Second, the export of CNC machine tools has increased greatly, but the structure has not improved. The value of CNC machine tools in the first half of this year increased by 50.49% year-on-year, but the average unit price was only 21,800 US dollars, lower than the 28,300 US dollars in the first half of 2009. It shows that the structure of export products has not improved, and the gap has been widened.
Third, the import of processing centers has grown at a high speed, and major changes have occurred in demand. In the first half of this year, imports were 1.397 billion U.S. dollars, a year-on-year increase of 74.41%, and the growth rate was rapid. However, the average unit price was only $102,900, which was much lower than the level of $21.86 million in the first half of 2009, indicating a major change in the structure of imported products.
Adjusting the export structure Since the beginning of this year, the world economy has been continuously fluctuating and gradually picking up. The economic situation of developed economies such as Europe, America and Japan has begun to slowly improve. Chinese companies have achieved results in exploring other potential markets (such as India and ASEAN). , South America, etc.), demand will increase. However, due to the lack of momentum in the recovery of the world economy, many deep-seated contradictions and problems have yet to be resolved, and the European sovereign debt crisis is still developing, and the uncertainty of economic development has increased. At the same time, in the economic downturn, trade protectionism in various countries will continue to occur. These will have an impact on China’s exports.
What is worth paying attention to now is that after the international financial crisis, countries have adopted a series of corresponding measures, and some changes have taken place in the international market demand. Customers especially emphasize "applicable, high quality, low price", and some put forward some individual requirements. Relevant export enterprises should adapt to this change, adjust the product structure and provide services in a timely manner according to user needs.
From the analysis of the export situation of CNC machine tools and machining centers in the first half of the year, the product structure has not improved much. The export of CNC machine tools is still dominated by low-grade products. The average unit price of processing center exports in the first half of this year was US$7.05 million, much lower than the level of US$10.96 million in the first half of 2009.
To this end, special attention needs to be paid to improving the technical content and grade of export products, improving the quality of labor-intensive products and striving to appropriately increase their prices. Such as some high-quality ordinary machine tools, metal processing tools, machine tool accessories and mid-range CNC machine tools and machining centers with considerable technical content. At the same time, it is necessary to gradually reduce exports to “two high and one capital” products, such as machine tool casting blanks and abrasives. In 2010, the import and export tax regulations issued by the Chinese government stipulate that the export of rough casting and forging blanks with a tax number of 72240010 and a weight of ≥10 tons should be subject to a 15% provisional export tariff, which will inevitably increase the cost of export products and need to be highly valued by relevant enterprises. .
Opening up potential markets While continuing to consolidate and expand the three major export markets of the EU, Japan and the United States, the machine tool industry should continue to actively explore potential markets, such as the Middle East, Central Asia, Africa, Eastern Europe, India, Brazil, Argentina, Russia, etc. Lost shares in the EU, the US and other markets. In particular, we must pay attention to the development of 10 ASEAN countries, India, Central Asia, Brazil, Russia and other markets, open up new channels, seek new customers, and promote diversification of the export market. Some high-quality ordinary machine tools, CNC machine tools and machining centers, pressure machines, bending machines and other forming machine tools, as well as some tools and machine tool parts and accessories, have competitive advantages, and we must actively strive to expand exports.
Since the beginning of this year, the debt crisis started in Greece has extended to Portugal, Spain and other countries, leading to the outbreak of the European sovereign debt crisis, which has caused the euro to depreciate sharply. It has also caused the renminbi to appreciate against the euro, which is more likely to generate quotations and profits for China’s export products. Great negative impact. Relevant enterprises need to pay close attention to the fluctuation of the exchange rate of the euro, reasonably arrange export orders, and reduce exchange losses. In particular, it is necessary to pay attention to the euro pricing, contracting and settlement.
At the same time, affected by the European debt crisis, EU countries have adopted fiscal austerity policies, import demand will be reduced, and the required product composition will also change. We must keep abreast of changes in EU market demand and adjust export product structure in a timely manner. , reasonable quotation, timely signing of the deal.
Avoiding exchange rate risks China's import and export trade has always been accustomed to dollar pricing, contracting and settlement. Since the introduction of the new exchange rate mechanism in July 2005, it has provided new avenues for pricing, signing and settlement of other currencies other than the US dollar.
On June 19 this year, the People's Bank of China restarted the RMB exchange rate reform, increased the flexibility of the RMB exchange rate movement, and the RMB appreciation has taken a step. Recently, the central parity of the RMB against the US dollar has hit a new high in the past five years.
On June 22, the People's Bank of China, the Ministry of Finance, the Ministry of Commerce, the General Administration of Customs, the State Administration of Taxation and the China Banking Regulatory Commission jointly issued the "Notice on Issues Concerning the Expansion of the Pilot Program for Cross-border Trade in Renminbi Settlement", and decided to expand the area for the pilot of cross-border trade settlement of RMB. Scope and scope of business. The domestic pilot areas have been expanded from four cities in Shanghai and Guangdong to 20 provinces and autonomous regions such as Beijing, Shandong, Jiangsu, Zhejiang, and Liaoning; the overseas regions have expanded from Hong Kong, Macao and ASEAN to the world; the business scope has expanded from trade in goods to service trade.
This measure is an important choice to avoid exchange rate risks. It can reduce the dependence on the US dollar, reduce the losses caused by the appreciation of the renminbi to exporting enterprises, and enhance the international currency status of the renminbi and China's leading position in the international financial field.
Judging from the recent multi-party information, many enterprises, including foreign-funded enterprises, are also willing to use RMB settlement, and have achieved practical results. Many companies such as ASEAN, Russia, and Brazil also want to settle in RMB. Export companies must work closely with customers and select powerful banks to actively promote RMB settlement.

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