China’s railway construction and reconstruction, which focus on high speed, acceleration, and heavy load, has stepped into the “fast lane” of development.
In the five years from 2010, it will maintain a large-scale investment of about 700 billion yuan every year, which will bring huge business opportunities to the machine tool industry. Meanwhile, China will build 79 urban rail transit lines in 22 cities by 2015, with a total investment of 882 billion yuan, which will also provide a market for machine tool products.
The demand for machine tools in rail transit industry is manifold. One is locomotives (electric locomotives and electric diesel locomotives) and vehicle manufacturing. The second is the wheel and axle manufacturing machine daily maintenance, as well as track processing and high-speed railway sleeper processing. The above processing and manufacturing in urgent need of general CNC gold cutting machine tools, such as machining centers, CNC vertical lathe. Special CNC gold cutting machine tools are also needed, such as track plate grinder, axle grinder, etc. Also need press, bending machine and other forming machine. Obviously, rail transit industry has become a very important emerging customer group in today’s Chinese machine tool market.