Without enough flourishing demand for the machinery products in recent years, the mechanical industry is facing a negative situation in the market because the production capacity is excess. In other aspects, the essential reasons that cause the current declining tendency of the machinery industry come from the deep revolution of the Chinese economic development. We have entered a new stage of the modern economic growth and all industries including the machinery industry need to adjust themselves following the economic development mode.
In modern times, the traditional production mode to make common or uniformed products adopted by most machinery companies have been abandoned and these enterprises have to try their best to research and develop their own special products and services with unique functions and different features to keep them strong and stand out in both the domestic and the global markets.
In the future, the world machinery industry will witness three great changes: the high end oriented product technology, the personalization of the product requirement and the internationalization of the market competition. The latest data shows that the current machinery products are transforming from the single technique pattern to the system integration technique one and from the single function pattern to the multi-function one. The product specification is turning from the medium and small scale to the mini or super large scale one.
Experts say that the current machinery manufacturers should keep pace with the latest development trend and at the same time make innovation with their own machines by make full use of the domestic resources and pushing the industrial upgrading.
