According to statistics released by the Japan Machine Tool Industry Association on the 20th, the order value of Japanese machine tools in July was 105.7 billion yen, down 6.7% year-on-year, and decreased for the third consecutive month. The decline in demand caused by the global economic slowdown is the main reason. In the Japanese machine tool order in July, the external demand order amounted to 73.295 billion yen, down 5.5% year-on-year, and fell for 7 consecutive months. The Japanese machine tool industry vice president Makino said that due to the high yen, Japanese products are in the international market. The competitiveness of the company continued to be low; the domestic demand for orders was 32.437 billion yen, a year-on-year decrease of 9.3%, and industrial machinery and automobile machinery declined significantly. It is worth mentioning that the amount of orders from China in foreign demand reached 30.377 billion yen, and exceeded 30 billion yen in 13 months. The orders for electrical and precision machinery including smartphones exceeded 20 billion yen. It increased by 57.5% year-on-year.
Needle Punched Felt,Nonwoven Needle Punched Felt,Oil Repellent Needle Punched Felt
Pengxin Fiberglass Co., Ltd. , http://www.sdfoldingscreens.com