In 2017, China machine tool industry overall stabilized and recovered
In 2017, the main business income of machine tool industry in China was 992.28 billion yuan, up 6.1% year on year. The total profit was 68.63 billion yuan, up 21.1% year on year.
From January to December, a total of 643,000 metal cutting machine tools were produced, up 6.8% year on year; a total of 306,000 metal forming machine tools were produced, up 1.7% year on year; a total of 8.31 billion metal cutting tools were produced, up 12.3% year on year;The total output of casting machinery was 237.9 million,an increase of 8.8%.
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