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China has become the world's largest consumer of machine tools, which is already an indisputable fact in the past decade. However, as in 2011, such a large-scale foreign investment in China's move has been the first time in years. This is also based on the following facts. Chinese machine tools in recent years there has been a huge import deficit. By 2010 China's machine tool industry deficit reached 10 billion US dollars. From the import point of view, the machine tool industry net imports of 6.37 billion US dollars in 2010. Imported high, and there is a growing trend. Since 2000, the import and export trade deficit of China's machine tool products has been increasing year by year. By 2010, China's total import of machine tool products was 15.72 billion U.S. dollars, an increase of 62.0% over the same period of last year and an increase of 27.8% over 2008, the highest record in history. CIMT held every two years in China is overcrowded and the booth satisfaction rate is only 40% ~ 50%. Due to the popularity of the exhibitors, this exhibition has become the world's third largest machine tool expo Promoted to the first place. April 2011 CIMT2011, more than 1,200 exhibitors is half of the exhibitors of international companies, showing a high degree of international. Foreign machine tools, especially high-end products in China's market prospects, is undoubtedly the layout of foreign businessmen a huge impetus. According to the National Bureau of Statistics of China, more than 4,000 enterprises in the machine tool industry in China, Hong Kong, Macao and Taiwan and foreign-controlled enterprises in more than 10%. Among them, there are mainly German factories such as Demag, Slaffin, Mitsubishi Electric of Japan, Sodick, Hardon, Haas, Sandvik, Sando and Doosan of South Korea. From the top ten enterprises in the world machine tool situation, in addition to Shenyang Machine Tool, Dalian Machine Tool for their own businesses, the remaining eight companies, there are six directly in China or joint venture investment. These six are: Demag, Yamazaki Mazak, Mori Seiki, Ohashi, Doosan, Agie Charmilles. The operation of these machine tool foreign companies in China is bullish. According to the newspaper survey, 66% of the respondents reported that their sales in China's machine tool market are quite satisfactory. Dr. Jim Kapil, chairman of the board of Gemeit Group, said in April that DMG in 2010 had sales of 100 million euros in China, accounting for 13% of the total sales of the Gemaite Group. China has become the second largest market behind Demagis after Germany. Japan Tian Tian Co., Ltd. is the world's leading manufacturer of sheet metal machining, the exclusive Toshiro Toshiki revealed on CIMT2011 in 2010, Tian Tian in the Chinese market sales of 1 billion yuan, accounting for 8% of the company's global market share. In 2011, the company expects output growth in China to reach 25%. Kunming Daws is a joint venture company between Czechoslovakia and Kunming Machine Tools. It mainly produces planer and horizontal machine tools, with a single output value. Since the establishment of the joint venture in 2005, the joint venture company has sold 100 machine tools in China by 2010.