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Date: 2013-07-31

Machine Tool Demand in China Continues Growth

Demand for machine tools in China is projected to increase 13.0% annually to 606 billion yuan in 2012, outpacing growth in most other parts of the world.

Advances will be supported by rapid growth in durable goods production, especially for industrial machinery, transportation equipment, primary and fabricated metals, and electrical and electronics goods. In addition, the expansion and modernization of

China


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