In the first half of this year, the demand of CNC machine tool industry increased rapidly, but the industry competition became increasingly fierce. The whole industry showed a situation that the strong were always strong, which led to the growth of machine tool reducer industry, and some of its sub industries developed rapidly.

Deceleration machinery manufacturing industry belongs to the basic equipment industry of national economy, and its development is closely related to macro-economy. In 2003 and 2004, with the rapid growth of China's macro economy, the reducer industry showed a good development trend, and the growth rate reached a new high in recent years. In 2005, the growth rate of industrial production, sales, product output and export delivery value of the reducer industry continued to maintain a growth trend. However, due to the influence of fixed asset investment, export slowdown and national macro-control policies, the growth rate of reducer industry in 2005 dropped to a certain extent.