Guangdong has become a must for machine tool manufacturers

The just-concluded 7th (Guangzhou) International Machine Tool Show (GIMT) shows that Guangdong's machine tool equipment demand is huge, and it has become a strategic location for machine tool manufacturers. Sun Xitian, president of the Machinery Industry Branch of the China Council for the Promotion of International Trade, believes that there is a demand for equipment machinery market of more than 20 billion yuan per year in the Pearl River Delta region, and it is increasing at a rate of 10%. In 2005, more than 80,000 foreign-invested and processing enterprises have been put into operation in Guangdong, and nearly 30,000 foreign processing and assembly companies have involved almost all industrial fields. The reporter saw that the exhibition was attended by German JUNKER, Hyundai Kia, and Japan's giant giant pill company, which entered China for the first time. Shenyang, the largest machine tool manufacturer in China, also participated in the exhibition. Many exhibitors rushed to Guangzhou, and they were looking for strong machine tools in Guangdong.

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