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Development status of cutting tools
Jul 18, 2017

At present, China's cutting tool manufacturing industry opportunities and challenges coexist, but overall, the industry development of favorable factors dominate. Combined with domestic and foreign economic development and the development of cutting tool industry in China, it is expected that during the Twelve-Five-year period, the cutting tool industry in China will keep growing at more than 25% annually, and it is expected that by 2015, the industry sales revenue could break through the 140 billion-yuan mark.

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