In recent years, China's cutting tool industry has maintained high-speed growth. After the baptism of financial turmoil, many small enterprises have been closed down, and many new manufacturers have been added. The cutting tool market is mixed.
The overall market of China's cutting tool industry is developing rapidly, but there are many low-end products, and there is a phenomenon of using cheap labor to produce inferior products at the expense of the environment for profiteering. The low-end market is chaotic.
Luo Baihui, Secretary-General of International Modeling Association, believes that the tool industry will usher in a period of high-speed development in the next five years. China's tool industry is facing a period of transition from low-end products to high-end products. High, precise and sophisticated cutting tools in automotive, die, aerospace and other industries will be the main direction of production of modern and efficient cutting tools in China. Modern high-end tool production will be a bright spot of industry production, and it is one of the important codes for China's future tool enterprises to enter the global market.
During the "Twelfth Five-Year Plan" period, China's cutting tool industry will be in a state of fierce competition. The reorganization of state-owned enterprises and the entry of foreign capital will inevitably lead to bankruptcy and bankruptcy due to poor management. Faced with this severe test, the vast number of enterprises should always be vigilant, change traditional concepts, and speed up the development of enterprises.
The change of concept includes the change of management idea and innovation production idea. We have a clear understanding of how to improve work efficiency and reduce production costs to a minimum if we want to create greater profits. Break through the traditional production mode, creatively produce new products that meet the needs of the times, and liberate from the traditional mode. At the same time, we should also think about transposition, stand to the point of view of consumers to fully understand the current situation of products, soberly recognize the shortcomings of products.