In 2011, the total output value of machine tool industry was 660.65 billion yuan.

In 2011, China's machine tool industry completed a total industrial output value of 660.65 billion yuan, an increase of 32.1%; product sales value of 642.49 billion yuan, an increase of 31.1%; product sales rate reached 97.3%, down 0.8 percentage points over the same period of the previous year . In 2011, China's machine tool industry continued to grow at a high level, and the industrial structure adjustment of the industry has made significant progress. The supply of high-end machine tools for high-end users is in short supply. The upgrading of market demand structure accelerated, and imports reached a record high, and the demand for domestic low-end products was significantly reduced. The international market continues to show varying degrees of recovery, and China's machine tool products exported to emerging markets have steadily increased. According to statistics, from January to December, the total industrial output value of the machine tool industry totaled 660.65 billion yuan, up 32.1% year-on-year; the product sales value was 642.49 billion yuan, up 31.1% year-on-year; the product sales rate reached 97.3%, down 0.8 from the same period of the previous year. Percentage points. The machine tool industry achieved a profit of 44.58 billion yuan, a year-on-year growth rate of 28.0%; the output value margin was 6.7%, down 0.3 percentage points from the previous year. In the current period, the cumulative value of fixed assets investment in the machine tool industry increased by 54.7%. Specific to small industries, the gold cutting machine tool industry completed a total industrial output value of 154.29 billion yuan, an increase of 23.1%. The output of gold cutting machine tools and the output of CNC machine tools increased by 15.1% and 20.6% respectively. The forming machine tool industry completed a total industrial output value of 58.73 billion, an increase of 36.0%. The output of forming machine tools and the output of CNC machine tools increased by 0.9% and 13.0% respectively over the same period. In terms of import and export of machine tools, in 2011, the cumulative import of machine tool products reached US$20.29 billion, a year-on-year increase of 29.3%. Among them, the import of metal processing machine tools was US$ 13.24 billion, a year-on-year increase of 40.6%. The export of machine tool products was US$8.9 billion, up 26.4% year-on-year; the export of metal processing machine tools was US$2.42 billion, up 30.3% year-on-year. According to the calculation of the Machine Tool Association, the output value of domestic metal processing machine tools in 2011 reached 28.27 billion US dollars, an increase of 29.4%. Among them, gold cutting machine tools were 19.75 billion US dollars, up 26.2% year-on-year; forming machine tools were 8.52 billion US dollars, up 37.4% year-on-year; metal processing machine tool consumption was 39.09 billion US dollars, up 32.9% year-on-year.

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