Talking about the changing situation of China’s CNC machine tool industry

Talking about the changing situation of China’s CNC machine tool industry

From overseas experience, the service industry is the most important direction for economic transformation. However, with the deepening of the social division of labor in economic growth, the division of labor in the service industry has gradually been refined. We can roughly divide the cnc machining service industry into three categories: the first category can meet the needs of enterprises and can be called the productive service industry, the second category is the living service industry, which mainly meets the needs of residents, and the third category is provided by the government Public service industry. The productive service industry can be defined as the middleman of the industry. It runs through the industrial chain of industrial enterprises. Among them, information service industries such as market research, venture capital product design, etc. that accompany upstream, and quality control accounting, legal insurance, and manpower that accompany midstream. Resources and other professional business services, while downstream industries include advertising logistics and sales.

The living service industry directly meets the various needs of residents. For example, the basic needs represented by clothing, food, housing and transportation have given rise to industries such as wholesale, retail, catering, hotel and passenger transportation, and the upgrading needs represented by learning, exchange, medical, entertainment and financial management have given rise to educational information services Medical care game performance and financial management.

Since the 1970s, the U.S. service industry has continued to grow rapidly. First, its average growth rate is much higher than that of the manufacturing industry. Second, it has hardly experienced recession in decades. The only negative growth was during the 2008 financial crisis. In 2010, the US service industry surpassed pre-crisis levels. At present, the private service industry in the United States includes seven categories, including financial real estate, professional commercial wholesale and retail, medical education, information services, entertainment, cultural transportation, and storage. Among them, the proportion of financial real estate professional business education and medical services to GDP has continued to rise, and only the wholesale and retail industry has continued to decline.

In the first decade of the economic transformation, the five service industries represented by professional business education, medical, financial, real estate, culture, entertainment, and information services have experienced the fastest growth. Looking at the average growth rate of 10 years from 1977 to 1987, professional business growth was the fastest. From the details, the computer management information system, enterprise management consulting, legal consulting and other industries have developed relatively quickly. The average annual growth rate of the education and medical industry in this decade is also close to 12%, second only to professional business. Among them, the medical and relief industry has experienced rapid growth. We also noticed that although the financial real estate service industry ranked third overall, the fund trust development was the fastest growing of all service industries. Its average growth rate from 1977 to 1987 was as high as 32%, far exceeding The nominal GDP growth rate of 8.8% over the same period, even in the 30 years from 1977 to 2009, its average growth rate reached a staggering 17%, far exceeding the nominal GDP growth rate of 6% during the same period. In addition, the development of the securities industry is relatively fast. The growth rate of the information service industry and the entertainment and cultural industry is similar, with an average annual rate of about 10%.

China’s situation: In the years of economic slowdown after 1995, the growth rate of the service industry continued to exceed the growth rate of the secondary industry. This also means that if the potential growth rate of China’s economy declines in the future, the historical experience shows that the service industry may be relatively better. At present, the latest structure data of China’s cnc machining service industry is only updated to 2007. We can compare it with the service industry structure of the United States in 2010. It is not difficult to find that the gap between the health, welfare, culture and entertainment industries is the largest. . Professional business services are four times larger than in China. Although the U.S. real estate industry has reached 2.7 times that of China, it includes estimated rents for homeowners, thus exaggerating the gap. In addition, the information software, finance, wholesale, retail, lodging, and catering industries in the United States accounted for more than double China’s. Therefore, there is huge room for growth in China’s corresponding service industries.
In addition to the development of service transformation, another direction of China’s economic transformation is the transformation to high-end. At present, many sub-sectors are undergoing large-scale import substitution development. Therefore, the change in the import and export of various industries reflects that China’s industries are undergoing an upgrade from labor-intensive to capital-intensive to technology-intensive.

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