In the first half of this year, affected by the epidemic situation, the operating income of machine tools declined, showing a trend of restraining before and increasing afterwards. According to the statistical data of Enterprises above the designated size of the National Bureau of statistics, the accumulated operating income of the machine tool industry from January to June 2020 is 294.66 billion yuan, a year-on-year decrease of 7.6%; the accumulated operating income of key contact enterprises of machine tool association from January to June 2020 decreases by 11.5% year-on-year. The decline was narrower than that in January March this year.

Therefore, in the second half of the year, consolidating the recovery of machine tool industry has become the top priority of the industry development. So how to maintain this good situation? In an interview with CCTV news, regarding the future development of industrial economy, Xin Guobin, Vice Minister of the Ministry of industry and information technology, pointed out that improving the stability and competitiveness of the supply chain of the industrial chain should be the top priority. Efforts should be made to make up for the weaknesses and forge the long boards, so as to improve the upgrading of the industrial base and the modernization level of the industrial chain, so as to strengthen the foundation of the manufacturing power and the chassis of the modern economic system.