MWCS: Strong market drive from applied areas

Machine tool has been a foundation for all machinery manufacturing. China has listed laser manufacturing technology and equipment development as a national focus among the 18 advanced manufacturing projects.

During the 12th Five-Year-Plan, sales of marine equipment and engineering machinery is expected to top RMB 200 billion, wining over 20% of international market.

China’s new single-aisle aircraft, the Comac C919, has amassed its first 100 orders and a heavyweight team of international suppliers as it heads for a scheduled first flight just three years from now and service entry in 2016.

During the 12th Five-Year-Plan, China will fully promote market competitiveness of auto parts manufacturing. RMB 1.5 trillion has been injected, of which 70% will be used for equipment purchase.

Continuous national investment for further urbanization, highway and railway construction will ensure a robot market increase in engineering machinery; by 2015, the market demand will reach RMB 900 billion.

During the 12th Five-Year-Plan, RMB 286.1 billion will be invested in the construction of smart grids and the annual compound growth rate of secondary power equipment will exceed 15%.

During the 12th Five-Year-Plan, the overall installed capacity of China’s nuclear power equipment will increase from 10.8 GW in 2010 to 43GW in 2015.