At present, the world economy is in the recovery phase after the financial crisis, and the economic growth rate will gradually recover. According to the forecast of the International Monetary Fund, the GDP of developed economies will increase by about 2.4% in 2011, and the GDP of developing countries will increase by about 6.6%. Luo Baihui, head of the International Mould, Hardware and Plastics Industry Suppliers Association, said that the international market demand will increase in 2011, especially the continuous expansion of economic and technical cooperation between China and emerging economies and developing countries, and the completion of ASEAN 6 countries. Free trade zone, with the Chile, Peru, Singapore and other countries signed a free trade zone agreement and other factors, the international economic environment is conducive to the stable and rapid development of foreign trade in China's machine tool industry.

However, due to the lack of momentum in the recovery of the world economy, many deep-seated contradictions and problems have yet to be resolved. Coupled with the impact of the European sovereign debt crisis, the US economy has experienced a weak recovery and the uncertainty of economic development has increased. At the same time, the supply and demand of resource products in the international market are still relatively tight, some raw material prices may increase, and the expected appreciation of the RMB exchange rate and the increase in the cost of labor in China will all increase the cost of export of machine tools. What needs special attention is that in the economic downturn, trade protectionism will continue to emerge in various countries. All these will have an adverse effect on the expansion of China's machine tool industry.

The main objective of the Fifth Plenary Session of the 17th CPC Central Committee on the economic and social development of the 12th Five-Year Plan pointed out that "smooth and rapid economic development", "significant progress in the strategic adjustment of economic structure" and "increased income of urban and rural residents generally and quickly." . The machine tool industry is faced with the important task of adjusting the economic structure and transforming the mode of development. We must vigorously develop emerging strategic industries, research and develop high-end CNC machine tools and their functional components, automated complete production lines, and intelligent control systems. With the adjustment of the industrial structure, the product structure will be gradually optimized, and the import and export structure of machine tools will also change.

Based on the above conditions, Luo Baihui analyzed that the import and export of the machine tool industry will continue to grow in 2011, and the structure of import and export products will improve. On the import side, the proportion of imports of large heavy-duty machine tools and expensive machine tools may continue to decline. The import of key components required for domestic companies to develop high-end machine tools and heavy-duty machine tools will increase. On the export side, except for a small number of high-end and heavy-duty machine tools, they may continue to make breakthroughs and enter the international market. Middle and low-end CNC machine tools, high-quality ordinary machine tools suitable for user needs, and metal cutting tools and abrasive tools, forging and stamping tools, machine tool accessories And so on, will still be welcomed by the international market and users.