CNC machine tool industry benefits from the recovery of the automotive industry

Recent production statistics for major products of various sub-sectors of China's machinery industry show that in December 2009, the output of metal cutting machine tools was 53,700 units, an increase of 43.66% year-on-year, which was a positive growth for two consecutive months, indicating that the industry is entering recovery. Among them, the number of CNC machine tools produced 13,681 units, a year-on-year increase of 57.05%, which is a positive growth for three consecutive months.
From the perspective of the auto industry, in December 2009, China's auto production reached 1.5244 million units, a 9.58% increase from the previous period and a year-on-year increase of 144.94%. The construction machinery industry, which is another major user of the machine tool industry, experienced a strong growth rate in December, and the recovery trend of the industry was evident.
It can be preliminarily estimated that, compared with ordinary machine tools, CNC machine tools benefit from obvious signs of improvement in the automotive industry and construction machinery industry and greater opportunities.
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