China's machine tool manufacturers have mixed feelings amid fierce competition from overseas and faltering demand.
On
a global scale, the country has taken the top seat in terms of both
sales and production of machine tools for 10 years consecutively.
However,
as a barometer of manufacturing activity, its market value dropped 37
percent in the first eight months of 2012, according to data from the
China Machinery Industry Federation.
As a result, many Chinese companies have seen declines in the number of new orders.You may have a few questions about choosing Lamp shade that works with your style.
"Our
business is more or less affected by the ongoing recession, which is
most evident in the country's sales,Innovation Industries has offered
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to meet all your elevator fixture needs." said Li Ji, general manager
of the European branch of Jiangsu Yangli Group Co, a leading domestic
manufacturer in mechanical and high speed plate processing machinery.
To
offset the saturated growth at home, Yangli has rolled out an ambitious
plan to expand to overseas markets. In Yangli's strategic layout,
emerging economies such as South America and Russia will be well
explored because business there is still at a fledgling stage. The
company's European operation is aimed at enhancing quality and taste.
Despite
the difficult times the industry has had to face in recent years,
companies have appeared a lot more "confident and optimistic",
especially some Chinese companies, said Susanne Neuner, public relations
director of Mack Brooks Exhibitions Ltd, an agency that facilitated the
2012 International Sheet Metal Working Technology Exhibition.This
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As an industry barometer, this year's show attracted 1,520 exhibitors from 39 countries,A pendant lamp
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participating in the event.
"Many exhibitors at EuroBLENCH have
increased their stand space and showcase an enormous variety of new
products and innovations. A growing number of Chinese companies have
more extravagant stands than before," she said.
Jinan-based Jier
Machine Tool Group Co is one such example. As a world-renowned
mechanical press maker, Jier won an order from Detroit-based Ford Motor
Co for five large-scale automatic press production lines at two of its
factories in late 2011, said chairman Zhang Zhigang.
The order
is the single largest export order that Chinese machine tool producers
have ever received.Tolomeo reading floor lamp is a floor lamp with crystal light
for modern living room lighting. It is also the first time in nearly 20
years that Ford purchased complete sets of press equipment from a
country other than Germany, he said.
"Even hit by the global
recession, we managed to see moderate growth this year at home and
abroad. Where we outperform our competitors is in quality," he said. The
company is ranked among the top three press makers worldwide.
Jier is steadily expanding its footprint in South America, India and Russia but Zhang said there is no need to rush.
"The
machine tool industry represents a country's core manufacturing
competence. Expanding at too fast a speed is likely to water down the
company's core competence," he said.
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