According to statistics released by The China Machine Tool And Tool Industry Association recently, from January to May 2021, the operating income of key enterprises in contact increased by 52.8 percent year-on-year, and by more than 30 percent compared with the same period in 2019.  The total profit turned into profit from the losses of the previous two years.  New orders for metalworking machines rose 52.9 percent year on year, and orders on hand rose 33.7 percent year on year.  The output of metal cutting machine tools of enterprises above designated scale was 253,000 units, up 48.8% year on year.  The output of metal forming machines was 85,000 units, up 19.7% year on year.  In Japan, according to the data released by the Japan Work Machinery Industry Association (Japanese Union) on July 12, the order volume of Machine tools (quick […]