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Precision machining is gaining momentum in the industrial sector

  • March 02, 2022

With the continuous growth of my country's economy, my country's machining industry has developed rapidly. In the context of economic transformation, the machining industry has been gradually upgraded, and has gradually shifted from low-end machining to the field of precision machining, and production efficiency and technical accuracy have continued to improve. Under the strategic background of "Made in China 2025", the transformation and upgrading of my country's precision machining industry is accelerating and the development momentum is strong.


The precision machining industry is an industry in which various disciplines such as machining, electronic technology, optics, automatic control, and computer technology intersect with each other, and the entry threshold is relatively high. my country's precision machining industry started relatively late. In the early stage of development, restricted by technology, experience and talents, there is a huge gap between foreign-funded enterprises in the industry in terms of R&D innovation and technical level. With the rapid growth of my country's market demand, the continuous increase of domestic enterprises' capital investment, and the continuous enhancement of independent research and development capabilities, the overall strength of the industry has made great progress at this stage.


However, compared with developed countries and regions such as the United States, Europe, and Japan, my country's precision machining industry is still weak in terms of enterprise scale and product technical content. The products produced are mainly concentrated in the low-end fields, and high-precision products cannot meet the market Demand, but also need to rely on imports. In my country's precision machining market, domestic enterprises account for a large market share and foreign-funded enterprises account for a small proportion. However, in terms of profitability, foreign-funded enterprises occupy a dominant position, and domestic enterprises have low added value of products and limited profit space.



In the context of the transformation and upgrading of the manufacturing industry, the Chinese market has continuously improved the precision and high-end requirements of precision machining products. At the same time, precision machining products occupy an important position in my country's export trade, and the proportion of exports is increasing. The global precision machining industry is shifting to mainland China. In the international market demand, the share of high-precision products is rapidly rising. Under the circumstance that domestic and international market demand is shifting to high-end, my country's precision machining industry's independent research and development innovation capabilities and production technology levels need to continue to improve. 


Industry analysts from Xinsijie said that under the strategic background of "Made in China 2025", my country's manufacturing industry is upgrading in the direction of digitization, intelligence, scale and intensification, and the demand for raw materials and production equipment is gradually increasing. Quality, customizable direction improvements. This requires my country's precision machining industry to transform from focusing on "quantity" to focusing on "quality", and progress in the direction of "strong and refined", increase investment in product quality, supporting services, brand awareness, etc., to achieve high-end products. Import substitution to improve international competitiveness.


Far East Excellence Technology has more than fifteen years of experience in precision machining, adhering to the policy of continuous innovation and intelligent manufacturing, and has been recognized by many Chinese and foreign customers. If you want to know better, please feel free to contact.


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