Global and China Machine Tool Industry Report, 2009-2010 In 2009, affected by the economic crisis, the global machine tool industry suffered heavy losses, and the gross industrial output value and sales revenue fell by 32% and 33% respectively from a year earlier. Stimulated by a series of policies for expanding domestic demand, China machine tool industry thrived and the industrial output value grew by 7.6% year-on-year,...more
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