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Jun 15, 2018

The rapidly progressing local CNC technology is also breaking into a market dominated by foreign technology. According to Lu, domestic high-tier CNC technology has caught up with international standards, and its market share of the Chinese market has expanded from 1 percent to 5 percent. It has been applied in massive production in important sectors such as aeronautics, astronautics and the military.

Medium-end CNCs secured a quarter of the domestic market last year, a jump from the previous 10 percent in 2009, with total sales now at around 4 billion yuan in the past eight years.

The ministry's Luo said Chinese-made punch press production lines for automobile parts had taken 30 percent of the global market." We have exported our production lines abroad to, among others, Ford Motor Co in the United States," Luo said.

In the 13th Five-Year Plan (2016-20), the goal of the CNC project is to improve domestic R&D capabilities and to catch up with advanced countries. Ministry official Luo said that by 2020, the domestic CNC sector should be able to meet 80 percent of manufacturing demand from key areas like aviation, aerospace and automobiles.


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