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In the past ten years since its entry into the WTO, China's machine tool industry has achieved leap-forward development. The scale of the industry has been continuously expanded, product grades have been continuously improved, and product quality has been continuously improved. The output of metal processing machine tools (by production) and CNC machine tools (by production) has ranked first in the world. 
Since the beginning of the 21st century, China's machine tool industry has entered a period of rapid development. The total industrial output value has increased from 30.167 billion yuan in 2000 to 628.749 billion yuan in 2010, with an average annual growth rate of over 35%. The total profit has been 7.43 from 2000. The growth of 100 million yuan in 2010 was 42.054 billion yuan, 48 times more than in 2000, with an average annual growth rate of 47.3%. The export delivery value of the industry increased from 4.355 billion yuan in 2000 to 39 billion yuan in 2010, with an average annual growth rate of 24.51. %. 
In 2000, the output of CNC machine tools in China was only 14,000 units. By 2005, the output of CNC machine tools in China reached 59,600 units. In 2009, the financial crisis had a great impact on the machine tool industry, and the output of gold-cut machine tools declined. On the contrary, the output of CNC machine tools It has a record high of 145,400 units, showing a strong demand for high-end CNC machine tools. In 2010, the output of CNC machine tools continued to grow, reaching 223,900 units, nearly 16 times that of 2000, and an average annual increase of 32% in the past decade. The numerical control rate of China's machine tool product output value was 22% in 2000, 44% in 2007, and 53.6% in 2009.