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Article Title: Demand for machine tools in China to reach 606 billion yuan in 2012, Freedonia report says
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Publication: Machinery & Materials, 10/30/2008
Freedonia Study: Machine Tools in China (2390)

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Demand for machine tools in China is projected to increase 13.0 percent annually to 606 billion yuan in 2012, outpacing growth in most other parts of the world. Advances will be supported by rapid growth in durable goods production, especially for industrial machinery, transportation equipment, primary and fabricated metals, and electrical and electronics goods.
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