According to the "Nikkei Chinese Network" report, the president of the Japan Machine Tool Industry Association, Mr. Imura, held a press conference in Tokyo on September 27, raising the 2017 full-year order forecast to 1.55 trillion yen, an increase of 15%. This expectation is close to the highest level of 1.59 trillion yen in the history of 2007. From the perspective of the expected composition of orders, domestic demand is expected to increase by 13% from 2016 to 600 billion yen, and external demand will increase by 32% to 950 billion yen. The driving force behind growth is the recovery of Chinese demand. After entering 2017, China's new iPhone-related equipment investment demand has gradually emerged, and there has been a special demand for electronic product foundry services, which has greatly increased the order amount. Japan Machine Tool Industry Association statistics show that from January to August 2017, foreign demand from China has reached 223.2 billion yen, which has exceeded the accumulated amount for the whole year of 2016. Driven by China's strong performance, the demand of developed countries in Japan, the United States and Europe is also very strong. Although China's domestic OEM demand for electronic products is likely to plummet, Mr. Imura pointed out that "China's ordinary machinery (demand) is still strong to a certain extent, and the scope of pulling is large. The risk of OEM of electronic products can be offset by other fields." I believe that the order is expected to be achieved. From a longer-term perspective, there is also a positive factor in the upgrading of China's manufacturing industry. The Chinese government has proposed the "Made in China 2025" action plan to promote the industrial upgrading of the manufacturing industry, and the demand for high-performance Japanese machine tools is increasing. DMG Mori Seiki President Sen Yah-hsin told Chinese customers that it is increasingly difficult to rely on previous equipment manufacturing products (due to the upgrade of manufacturing categories) and that they have actually felt the change.
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