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allmetalworking > News & Topics >CIMES 2014 targets USD 137 billion China Machine tools market

CIMES 2014 targets USD 137 billion China Machine tools market
Author: Editor of Allmwtalworking.com
Source From: CIMES
Posted Date: 2014-05-05

 The 12th edition of the China International Machine Tool & Tools Exhibition (CIMES) will be held at Beijing’s China New International Center from June 18 to 22, 2014. CIMES is a truly global machine tool trading and sourcing platform in the world’s largest machine tool market: China. As Asia’s leading machine tool exhibition this year, CIMES 2014 will display the widest range of cost effective machine tools and tools from leading Chinese suppliers, as well as the latest high-end CNC and Automation technology from top international brands.

During its 12th Five-Year Plan, China is expected to sustain stable and rapid economic development, ensuring a constant rise in market demand for machine tools. Since the whole industry has started to look towards product upgrades, rather than scaling upward, quality machine tools are in high demand.  Latest predictions from the industry show that consumption of machine tools will steadily rise at an annual rate of over 10%.  By 2015, it will be valued at up to RMB 850 billion (USD 137 billion).

CIMES 2014 will be China’s largest machine tool event for the year with a 120,000sqm gross area.  Additionally, 1,300 exhibitors and industry experts from over 30 countries/regions will display nearly 3,000 pieces or sets of machinery and tools at the show, including the latest metal cutting, metal forming, special purpose technology, tools, accessories and components, automation and NC systems and a huge variety of other exhibits.

Compared to other machine tool events, CIMES focuses more sharply on business matching and is praised by machine tool companies with an ambitious business expansion plan for the China market. CIMES 2014 will deliver buyers from traditional application industries like automobile, aerospace, rail transit and shipbuilding.  Buyers from fast-growing emerging industries like medical equipment and new energy also trust this event as a rich procurement channel. Moreover, CIMES will run a Diamond Club program for 1,500 senior business executives and host 500 buyers from across China, making every participant’s engagement with the show full of value and efficient.

Between June 18 and 22, as well as being a vivid display of the latest manufacturing and processing innovations in the machine tool trade, CIMES will offer participants 20 conferences and at least 30 collocated technical seminars. These sessions, organized by industry groups, trade publications, academic institutions and high profile companies in the trade, will cover a wide array of the industry’s most advanced manufacturing technologies and applications.

Over 20 years, CIMES has garnered widespread industry acclaim and support from the manufacturing sector, equipment users and local/international trade companies. After over twenty years of development, CIMES has now significantly enhanced its international profile.  So much so that the 2014 show will be a major highlight on the machine tools and manufacturing industry calendar.

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