The slow recovery of the world economy At present, the world is undergoing multi-polarization and economic globalization is developing in depth. Scientific and technological innovations have given birth to new breakthroughs, but the world economy has been slow to recover and the process has been arduous. The rare international financial crisis has had a far-reaching impact, the global demand structure has changed significantly, and the unstable factors of economic recovery have increased. Global issues such as climate change, energy and resource security have become more prominent. International and regional hot issues have come one after another. The external environment for China's development has become more complex, and the machine tool industry is facing new development opportunities and challenges.

Returning to the financial crisis of the manufacturing industry has led to the reflection of the developed countries, and has implemented "reindustrialization" with advanced manufacturing as the core, and has returned to the manufacturing industry. The world's manufacturing industry is facing a new round of adjustment of the industrial structure supported by high technology, and competition around the market, resources, talents, technology, standards, etc. will be fiercer.

The international status of China's machine tool industry has improved With the rapid development of China's machine tool industry, the overall competitiveness has been continuously enhanced, and its international position has been significantly improved. The world's manufacturing powers are afraid to lose the attractive Chinese market, and at the same time they are worried that China will overtake them, and international technology and economic exchanges will be in a new complex environment.

The import and export trade will start a new game. Developed countries will be driven by their own interests, trade protectionism will rise, and exchange rate disputes will be inevitable. The protection and game of international trade has rapidly risen in terms of quantity, intensity, means, and content, showing normalization and persistence. The implementation of the Free Trade Area and the "Economy Framework Agreement on Cross-Strait Economic Cooperation (ECFA)" has increased the complexity of the development of the external environment of China's machine tool industry.