China's domestic demand for CNC tool grinder machine faster than ordinary needs. Especially high-end CNC tool grinder, still needs to import large quantities. Domestic demand for CNC tool grinder is very strong, production can not meet demand, and low-end oriented. CNC tool grinder exports mainly to the low-end, but has been gradually emerging from China CNC tool grinder in a huge cost advantage, exports began to accelerate. Fixed asset investment growth remained stable, tool grinder invested in fixed assets investment in the stability ratio. Since the implementation of austerity measures, no significant decline in fixed asset investment growth rate has been maintained at above 20%. Purchase of equipment, tools and instruments in the proportion of investment in fixed assets remained at around 20%, and long-term stability. Four months of 2009 the purchase of equipment, tools and instruments grew by 23.4%, accounting for 20.5%, the proportion of investment in fixed assets. Automotive, aerospace, rail and other downstream industries continue to drive strong demand for machine tools. Automotive industry spending about 40% of the machine, the current Chinese vehicle manufacturing machine still mainly imports huge future potential for import substitution. The rapid development of China's aviation, marine industry will also pull large, heavy, precision CNC tool grinder needs. 08-10 in the railway sector is expected to invest more than 700 billion in infrastructure, rolling stock purchase amount 200 billion yuan, 55 billion yuan transport equipment renovation, during which a large number of machines will drive demand. Import substitution, export acceleration CNC tool grinder is a new growth point. Raw material prices and the appreciation of the renminbi slight impact on the industry. At present the machine tool companies to implement product price increase of about 3% or more, a 10% increase in costs, the impact on gross margin will be within two points of the. The appreciation of the RMB against the U.S. dollar against the euro and other major currencies, and only 14.98% of the proportion of U.S. exports, while exports to other countries and regions, growth has accelerated RMB appreciation is limited negative impact on China's machine tool industry exports. Listed companies to maintain good operating condition. Major listed companies in the first quarter of 2008 net profit growth although the growth rate has declined over the first three quarters of 2007, but remained at a level close to 60%. Main business revenue growth began to accelerate from the fourth quarter of 2007, indicating that the downstream demand of the machine, and mainly the governance structure of listed companies are maturing, reduce operating leverage, does not appear in the first half 2007 net profit growth is much higher than the main revenue growth. Machine tool industry are on the rise as the basis boompm0927 industry, the development of industry and the fixed asset investment growth are closely related. Downstream demand for machine tools, including general equipment manufacturing, equipment manufacturing, automobile manufacturing etc. to maintain a good investment growth, demand remains strong for the machine. Domestic demand, the CNC tool grinder is beginning to become mainstream, gradually replacing ordinary machine tools. Some domestic companies to produce lower-end CNC tool grinding machines, high-end CNC tool grinder still the main imports. With the accumulation of domestic enterprises, technology has greatly narrowed the gap between the leaders and the international and domestic CNC tool grinder advantage in the cost began to appear, domestic demand begins to accelerate import substitution, export of CNC tool grinder is gradually increasing the proportion of exports began to speed. CNC tool grinder is in the rise of the industry boom.