Affected by various factors, the export of metal processing machine tools in Jinhua City of Zhejiang Province has increased significantly. In the first quarter of this year, Jinhua City exported 140,000 metal processing machine tools worth US$6.04 million, up 9.5 times and 6.5 times respectively from the same period last year.
The transfer of international mid-to-low-end machine tool production to China is one of them. All along, Germany, Japan and other countries and Taiwan are the main production bases of international machine tools. In recent years, with the increasingly fierce competition in the machine tool industry, the profit margin of low-end machine tool production in the international market has been continuously compressed. Due to the obvious price advantage of domestic labor, steel and other raw materials, perfect machine tool industry and good investment environment, many machine tool enterprises in foreign countries and Taiwan have obviously increased the intensity of the transfer of medium and low-end machine tools to the Mainland, prompting the mainland. The production volume of metal processing machines including our city has increased significantly.
Secondly, the policy orientation of building an advanced manufacturing base has led to a significant increase in the production capacity of machine tools in our city. During the 10th Five-Year Plan period, Zhejiang Province made a strategic plan for the construction of an advanced manufacturing base. The development of the machine tool industry is in line with the national industrial policy orientation and is an industry supported by key development and policy support in Zhejiang Province. After years of investment in technological transformation and the introduction of advanced production equipment in the machine tool industry in Zhejiang Province, the production capacity of the province's enterprises in this industry has significantly improved.
In addition, in order to encourage high-tech exports, since 2005, China has increased the export tax rebate rate for some metalworking machine tools such as metal cutting saws and CNC machine tools from 13% to 17%. After the increase in export tax rebates, the export competitiveness of enterprises has been further enhanced, which further promoted the export growth of metal processing machine tools in Jinhua City.
Jinhua City's machine tools are mainly exported to low-value products, with low technical content and low export grades. In particular, the lack of CNC equipment and high-quality tool core technology has become a key factor restricting the growth of Jinhua's high-end CNC machine tools.
At the same time, the "Regulations on the Prohibition of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment" (ROHS) will be officially implemented on July 1 this year. The 8 categories of new electrical and electronic equipment sold in the EU market will not contain lead, mercury, etc. A variety of hazardous substances, related companies face production materials and process improvements, although Jinhua City machine tool exports can meet the requirements of the new directive, but the cost burden will be increased accordingly.
The transfer of international mid-to-low-end machine tool production to China is one of them. All along, Germany, Japan and other countries and Taiwan are the main production bases of international machine tools. In recent years, with the increasingly fierce competition in the machine tool industry, the profit margin of low-end machine tool production in the international market has been continuously compressed. Due to the obvious price advantage of domestic labor, steel and other raw materials, perfect machine tool industry and good investment environment, many machine tool enterprises in foreign countries and Taiwan have obviously increased the intensity of the transfer of medium and low-end machine tools to the Mainland, prompting the mainland. The production volume of metal processing machines including our city has increased significantly.
Secondly, the policy orientation of building an advanced manufacturing base has led to a significant increase in the production capacity of machine tools in our city. During the 10th Five-Year Plan period, Zhejiang Province made a strategic plan for the construction of an advanced manufacturing base. The development of the machine tool industry is in line with the national industrial policy orientation and is an industry supported by key development and policy support in Zhejiang Province. After years of investment in technological transformation and the introduction of advanced production equipment in the machine tool industry in Zhejiang Province, the production capacity of the province's enterprises in this industry has significantly improved.
In addition, in order to encourage high-tech exports, since 2005, China has increased the export tax rebate rate for some metalworking machine tools such as metal cutting saws and CNC machine tools from 13% to 17%. After the increase in export tax rebates, the export competitiveness of enterprises has been further enhanced, which further promoted the export growth of metal processing machine tools in Jinhua City.
Jinhua City's machine tools are mainly exported to low-value products, with low technical content and low export grades. In particular, the lack of CNC equipment and high-quality tool core technology has become a key factor restricting the growth of Jinhua's high-end CNC machine tools.
At the same time, the "Regulations on the Prohibition of the Use of Certain Hazardous Substances in Electrical and Electronic Equipment" (ROHS) will be officially implemented on July 1 this year. The 8 categories of new electrical and electronic equipment sold in the EU market will not contain lead, mercury, etc. A variety of hazardous substances, related companies face production materials and process improvements, although Jinhua City machine tool exports can meet the requirements of the new directive, but the cost burden will be increased accordingly.
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