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CNC machine tool industry health runs better than the industry as a whole
May 04, 2017

May machine tool industry economy weakened further. Data show that in May, cutting machine tool production 68,400 units, down 21%, an enlarged decline than in April (April 16% fall); forming machine tools May yield 21,000 units, 10% fall, decline than April (April 8% fall), May run the data meets our expectations.

CNC machine tool industry better than overall industry health. Jin Mo NET CEO Luo Baihui, May produced 21,000 units of CNC cutting machine tools in China, fell 14%, basically flat with the April decline, which shows that CNC cutting machine bottom to a certain extent.