According to the National Imported Key Commodity Value Index released by the General Administration of Customs in May, the number of imported metal processing machine tools reached 3.59 million units in May, compared with 10,000 units in May last year. Imports in May increased by 259% year-on-year. In the first four months of this year, China's imported machine tools showed a weak trend, with a total import of 31,700 units in the first four months, a year-on-year decrease of 18.3%. However, the monthly import volume in May increased explosively, exceeding the total import volume in the first four months. This made the total import of machine tools in the first five months of this year reached 67,600 units, an increase of 38.1% over the same period of last year. As the unit price of imports decreased, the import value increased by 5.1. %. As high-end equipment, machine tool sales can show the degree of prosperity of downstream industries. The decline in machine tool imports in the first four months is considered to be the result of economic downturn, and the sharp increase in imports in May can also be interpreted as a signal of economic improvement. However, some analysts believe that the import of machine tools must be placed in advance, with a certain period of lag. The import volume in May does not reflect the actual demand of the month, and should be evaluated in a longer period of time.
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