The number of CNC machine tool companies, with an annual production capacity of more than 1,000 machine tools, has reached 28, and those with an annual capacity of more than 100 machine tools reached 130 in China by the end of last year.

Many Chinese machine tool manufactures are vigorously developing the medium- and high-grade CNC machine tools to make their products more competitive in the global market.

According to Liang, State-owned enterprises represent 30 percent of China's machine tool and manufacturing industry, while the private sector has a 60 percent share.

"There are numerous Chinese machine tool companies that have good products and could do well in the international market. But they do not know how to market them. I think our enterprises should enhance their marketing and international market analysis capabilities, and create their own methods of putting their products in the global market," Liang said.

Source: americanmachinist.com

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