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China's machine tool tools are still in the form of low-grade tools.
In recent years, most of the high-efficiency advanced tools used in China's machining are imported from abroad (including tools produced by foreign-owned enterprises in China). We also export a lot of knives now, but mainly cheap and low-grade standard knives. In 2004, China produced about 2.5 billion pieces of tools, of which 2 billion were cheap low-end tools (most of which were exported). In the next few years, the export is still basically low-end tools. In the US market, medium-sized twist drills cost about $10 each, while the low-end twist drills made in China on the market cost only $1 and are used as hand tools. China now has the world's largest automobile industry, but the high-efficiency production line imported from abroad by the automobile industry, 80% to 90% of the tools used are still imported tools (including domestic foreign-owned enterprise products). At present, the supply and sales of tool production in China is that high-end advanced tool products mainly rely on imports from abroad, while low-grade tool products have a vicious expansion (most of them), and this situation must be changed as soon as possible. China's machinery manufacturing industry uses a large number of standard tools, while developed countries use a large number of high-efficiency advanced tools, resulting in China's processing efficiency is far lower than abroad. At present, China's tool factories mainly produce traditional standard tools. From the perspective of the technological development trend of the machinery manufacturing industry, the proportion of high-efficiency CNC machine tools in China's factories will increase year by year, and the demand for high-efficiency and advanced tools will increase rapidly, and the demand for traditional standard tools will decrease year by year.