China's Metal Cutting Machine Output Decreased by 7.6% in August

The data from National Bureau of Statistics show: The added value of industries above a designated scale increased by 6.1% higher in real terms than a year earlier, and 0.1% faster than July in August of 2015. From the point of chain, in August, the added value of industries above a designated scale grew by 0.53% higher than last month. From January to August, the added value of industries above a designated scale grew by 6.3% on year-on-year basis.

The data show that the output of metal cutting machines in China is 60000 units in August of 2015, and compared with the same period last year, it decreased by 7.6%; From January to August, the national output of metal cutting machine tools is 520000 units, falling down 5.7% on year-on-year basis.

Influenced by domestic macroeconomic, the production of metal cutting machine tools rapidly dropped in our country, but we should seize the development plans of intelligent manufacturing for its 13th Five Year Plan in 2015.

Intelligent manufacturing is based on new generation of information and communication technology and is a new manufacturing mode, whose most outstanding characteristic is to be able to shorten the product development cycle, improve production efficiency and product quality, and reduce operating costs and energy resources. Only innovation of intelligent manufacturing can help develop the economy.