Date: 2013-07-31

CIMT Being Ideal Excess for Foreign Machine Tool Makers to Expand in China

CIMT has certainly been ideal excess for overseas machine tool makers to expand in China market, according to organizer of CIMT 2009.

Due to the latest figure from the China Machine Tool and Tool Builders' Association (CMTBA), organizer of CIMT, for the whole year of 2008, the
production value of metalworking machine tool in the country rose 29.9% to US$13.96 billion. At the same time, import value rose 7.3% to US $7.59
billion and export value rose 27.6% to US$2.11 billion. China's machine tool consumption rose 20.2% to US$19.44 billion. According to the CMTBA,
China has already become the world's largest machine tool consumption and import country.

According to the show organizer, CIMT is considered as one of the four largest international machine tool exhibitions worldwide. The organizer explained, in the 2009 edition, half of the exhibitors are overseas, coming from 28 countries or regions around the world.

The German Machine Tool Builders' Association (VDW) has organized 140 exhibitors forming the German pavilion, whose net showcasing area
occupies about 6,300 square meters, doubling the size of last edition. Spanish machine tool enterprises, organized by the Spanish Machine Tool
Manufacturers Association (AFM), will demonstrate the latest innovation on the 1,140-square meter Spanish pavilion.

Sponsored by the Association of Italian Manufacturers of Machine Tools, Robots, Automation Systems and Ancillary Products (UCIMU), the Italian Institute for Foreign Trade (ICE) has organized more than 50 Italian enterprises to showcase on an area of about 2,500 square meters
during the CIMT 2009. In addition, AMT has also organized more than 50 American enterprises to present at the CIMT fairground.

Previous: Yongda Bearing Expands Production to Double the Output Value
Next: China's Central Planners Target Bearings

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
HCB71918C.2RSD.T.P4S bearing	90	125	18
B71918E.2RSD.T.P4S bearing	90	125	18

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.