The cooperation between the two sides of the machinery industry is close, and the export of machine tools is the main force.

Taiwan's machinery manufacturing industry in China has world-class standards in molds, electronic production equipment, plastic machinery, woodworking machinery, cutting machine tools, and molding machine tools. According to statistics from Taiwan, Taiwan's machinery manufacturing exports are mainly machine tools. In 2010, the machine tool output accounted for 13.2% of the machinery and equipment industry. It is the sixth largest production base in the world.

However, the Taiwan Industrial Technology Research Institute pointed out that although Taiwan's machinery manufacturing industry has a world-class level, the Taiwan market is narrow and the development space is limited. Taiwan's machinery industry is facing adjustments in its industrial structure and it needs to further expand and shift outward.

The relevant analysts believe that at present, China's manufacturing and China's market have become an important force to promote the steady progress of the world economy. Continuous industrial upgrading and transformation and development will bring China's machinery and equipment industry into a golden period of development. On the one hand, the mainland is in the middle period of industrialization and it is a good time for the development of the machinery and equipment industry. On the other hand, the process of new rural construction and urbanization has brought a huge market space for the machinery and equipment industry.

At the same time, global manufacturing is accelerating the transfer to the mainland, and the independence of major technology and equipment has become China's important industrial policy. All of these will provide important support for the development of China's machinery and equipment industry.

According to Yang Liuchang, secretary of the Bureau of Taiwan Affairs of the State Council’s Office, the machinery industries on both sides of the Taiwan Straits have their own characteristics and complementary advantages. With the machinery manufacturing industry being included in the ECFA early-income list project, the tariffs have been greatly reduced, and the Taiwanese machinery manufacturing industry has achieved even more success in the mainland market. Advantages of favorable competition.

According to statistics from Taiwan's economic affairs department, in the first quarter of this year, the growth rate of the Chinese mainland's imports of machinery for early harvest projects was as high as 71.3%, an increase of 23.6 percentage points higher than the non-early-income list item, in which machine tools became the main force for exports, and machinery manufacturing became Taiwan benefits from the largest industry in ECFA. At present, the mainland has become Taiwan's largest export market for mechanical products.

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