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High-end Brands Fighting In The Machine Tool Industry Has Entered A Stage
Jun 22, 2017

Competition in China's machine tool industry into the high-end brands fight stages, which brands are further organized into high, medium-high, medium market segments, in the case of secondary market mainly on price war, operations more and more difficult, resulting in many brands to the upstream development, brand value and development in efforts to get more space. Under such conditions, challenges many of China's machine tool industry, particularly for local businesses, clustered in low-end products, with price as the main means of competition, do not have a strong ability to resist risks, low industrial concentration. Even in such circumstances, there are some new brands into the market, showing the intensity of competition in the industry.