News on China's scientific and technological development.

interestedseal

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Meanwhile, FT is behind the curve as usual.

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To be completely fair, they did at least acknowledge the trendlines.
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Latest data on Chinas machine tool market is out: in 2024 domestic brand 5axis CNC makers market share by revenue surpassed 50% for the first time in history. Just like the auto market, once domestic brands surpass 50% market share in the worlds largest and most competitive market, they will become competitive internationally very soon
 

dropout003

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Latest data on Chinas machine tool market is out: in 2024 domestic brand 5axis CNC makers market share by revenue surpassed 50% for the first time in history. Just like the auto market, once domestic brands surpass 50% market share in the worlds largest and most competitive market, they will become competitive internationally very soon
Where there is still a gap is the localization of machines that make the machines, i.e, Large format, ultra precision gantry mills, ultra-precision surface, ID, OD grinders, etc... Think Mitsui Seiki, Yasda, Starrag, Waldrich Coburg, Studer, Danobat, Burkhardt+Webber, SIP, etc.
 
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