China Machine Tool Industry Association recently released "2010 China's import and export of machine tool products analysis." The analysis shows that in 2010, China's economy showed a strong recovery momentum. The machine tool industry continued the upward trend in the end of 2009, and the stability was good. The economic indicators have approached or exceeded the 2008 level before the financial crisis. As the market picks up, the import and export trade of machine tools and tools in China has gradually picked up, and the volume of imports and exports has increased significantly. According to customs statistics, in 2010, the total import and export volume of China's machine tool products exceeded US$20 billion for the first time, reaching US$22.75 billion, a year-on-year increase of 57.5%. Among them, the export value of China's machine tool products totaled US$7.03 billion, up 48.4% year-on-year. It was only one step away from the historical peak of US$7.13 billion in 2008. Since January, the export volume of the whole industry has shown a positive growth. Due to the different degree of recovery of various products, the top 10 products have gone out of the previous year's negative growth predicament in the first four months. By the end of the year, the export volume of various products increased at a double-digit or even multiple rate. Among them, the export value of abrasives and abrasives was 1.53 billion US dollars, which was more than doubled year-on-year, exceeding 14.7% in the same period of 2008. In addition, in 2010, China's imports of machine tool products totaled 15.72 billion US dollars, an increase of 62.0%. More than the historical high of 27.8% in 2008. Except for forming machine tools and measuring instruments, the import value of other 8 categories of products exceeded the same period of 2008, of which abrasives imported 517 million US dollars, an increase of 59.40% compared with 2009.
Stainless Steel Hex Bolts,Hexagon Screw Head,Heavy Hex Bolt,Hex Bolt
Shaoxing Grace International Trade Co.,Ltd , https://www.shaoxinggrace.com