Relocation of CNC precision machining industry and trade war
The signing of the first phase of the turbulent Sino-US trade agreement has caused waves, and people in the CNC precision machining industry are currently not optimistic. The impact of Sino-US trade tensions should exist for a long time. The CNC precision machining industry must be mentally prepared. Going to Southeast Asia and other countries to set up factories is one way. As for the industrial relocation of our precision machining industry, in fact, when there is no trade war, it has already begun.
In fact, the relocation of CNC precision machining industry is the result of market allocation of resources. In the early years, many crab eaters in the precision processing industry have gone to Vietnam and other places to set up factories. The labor-intensive and capital-intensive parts are the first to move to the place of relocation, which can also make better use of local cheap production factor resources. In the local area, the weight of precision machining technology-intensive industries has gradually increased in this process, and the industrial structure has been continuously optimized.
Now, more and more CNC precision machining enterprises are investing overseas, and this industry structure change itself conforms to the objective economic development law. If there is no Sino-US trade friction, the relocation of the precision machining industry will not stop. It's just that with the intensification of trade frictions, the relocation of the CNC precision machining industry has accelerated, and it is possible to go to a third place to avoid the high tariffs imposed by the United States, so that more American orders can be obtained.
The CNC precision machining industry should think about the countermeasures for trade friction and industrial transfer. In addition to improving the R&D investment related to precision machining technology internally, for precision machining products exported to the US market, it can directly invest in the establishment of factories in third places, but also Actively expanding to seize other international markets, and relying on a single market for a long time is always risky. Of course, in terms of production, it is still necessary to increase the procurement of domestic parts and components to bring more support to the CNC precision machining industry.