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Hardware cutting tool enterprises achieve leapfrog development

  • Release time: 2026-06-05
At present, China's cutting tool industry presents five major development characteristics. To promote the rise of the cutting tool industry, efforts need to be made from six dimensions, comprehensively enhance the industry's comprehensive competitiveness, and narrow the overall gap between the domestic cutting tool industry and the international cutting tool industry. After joining the World Trade Organization, global procurement channels have become smooth, and a large number of cost-effective and mature cutting tools continue to flood the domestic market. With the increase in customer choice space and bargaining power, the difficulty for local CNC tool manufacturers to explore the market has also increased.

At present, China's cutting tool industry presents five major development characteristics. To promote the rise of the cutting tool industry, efforts need to be made from six dimensions, comprehensively enhance the industry's comprehensive competitiveness, and narrow the overall gap between the domestic cutting tool industry and the international cutting tool industry.
After joining the World Trade Organization, global procurement channels have become smooth, and a large number of cost-effective and mature cutting tools continue to flood the domestic market. With the increase in customer choice space and bargaining power, the difficulty for local CNC tool manufacturers to explore the market has also increased.
The production and operation scale of domestic CNC tool enterprises is generally small, and a complete and close self owned tool industry chain has not yet been formed. The prominent issue is that knife handle system manufacturers do not produce blades, blade manufacturing enterprises do not manufacture cutting tools, and production support is almost entirely dependent on external suppliers; There is also no effective industry alliance established within the industry.
Numerical control cutting tools belong to the triple intensive industry of technology, knowledge, and talent. The development of the industry highly relies on professional talents, and this weakness is particularly prominent for small and medium-sized enterprises. At present, there is a huge shortage of technical personnel, management talents, marketing personnel, and CNC machine operators in the domestic CNC tool industry, and the training period for related positions is generally as long as 3 to 5 years. However, major universities have failed to undertake the cultivation of professionals in CNC machining and CNC cutting tools. Talent cultivation mainly relies on long-term training by enterprises, which not only achieves twice the result with half the effort, but also easily leads to talent loss.
The opening up of China's cutting tool industry to the outside world started earlier, and the domestic cutting tool procurement market has already achieved a global layout. Foreign tool brands have been in the domestic market for more than ten years, with a very complete sales network and technical service system. They have offices in major core cities in China, with over a thousand sales and technical service personnel. Foreign funded enterprises, with their comprehensive product systems and supporting technical services, coupled with continuous price reductions, have reduced the prices of imported cutting tools to half to two-thirds of what they were ten years ago, monopolizing the domestic high-end cutting tool market for a long time. Luo Baihui pointed out that in the context of economic globalization, multinational cutting tool enterprises continue to expand their advantages in core competitiveness such as technology, resources, and information services, while the gap between domestic cutting tools and them continues to widen. The domestic cutting tool industry must enhance the integration level of the entire industry chain.
Hardware enterprises use the Internet development wave to innovate marketing mode. As the ancient saying goes, in order to do a good job, one must first sharpen their tools. Enterprises are the mainstay of industrial development, and transformation and upgrading are not just empty talk. The failure of transformation will come at a huge cost, but if the original model is not transformed and upgraded, the path of enterprise development will eventually come to an end. Cutting tool companies urgently need to boost their confidence in development, take a refined development path, and transform into a "precision, specialized, specialized, and new" enterprise that integrates production and technical services.

Taizhou Xitong Tools Co., Ltd.

Add: Taizhou Xi-tong Tool Co., Ltd., Qingyu Banshan Industrial Zone, Wenqiao Town, Wenling City, Taizhou City, Zhejiang Province

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