Nikkei Chinese: China's demand drives Japan's machine tool orders to a new high
according to Nikkei Chinese, the data released by the Japan Machine Tool Industry Association on January 15 showed that Japan's machine tool order volume (quick report value) for the whole year of 2017 increased by 31% year-on-year The amplitude is much smaller than that of the coil spring vibrating screen machine by 6%, increasing to 164.55 billion yen. Although the quick report value cannot be compared simply, the order volume once again hit a record high after 10 years. Overseas demand such as China has played a driving role, while domestic demand in Japan has also shown strong performance. The order volume in December 2017 hit a record high in a single month. The machine tool market is becoming more and more active
due to the Lehman crisis in 2009, the annual machine tool order volume in Japan fell to 411.89 billion yen, and the data in 2017 reached a four fold level at that time
the expansion of external demand with China as the core has driven the growth of overall orders. Japan's annual foreign demand orders increased by 41.2% to 116.186 billion yen. Since 2014, it has broken through the 1 trillion yen mark again after three years. A relevant person from the Japan Machine Tool Industry Association analyzed the reasons for the increase in orders and said, "the positive factors for the recovery of the Chinese market benefit the world. They also cooperated in automobile lightweight, oil efficiency and safety, and the markets in North America, Europe and Japan also showed strong performance, internal and external balance, and increased demand"
China's demand drives Japan's machine tool orders to a new high
at present, the order situation remains at a record level. According to the data released by the Japan Machine Tool Industry Association on the 15th of 2016, the order amount (quick report value) for installing two sets per pier in a single month in December 2017 increased by 48.3% year-on-year to 165.864 billion yen. The number of orders in a single month exceeded 160billion yen for the first time. Since November 2017, the monthly order volume has reached a record high for two consecutive months
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