1. The major strategic significance of automotive equipment Half of the profit and output value of the entire equipment manufacturing industry is the automobile manufacturing industry. According to statistics from the National Bureau of Statistics, in 2002, China's auto industry surpassed the electronics industry for the first time and became the first driving force for industrial growth. Domestic and foreign experience has repeatedly proved that the development of the automotive industry depends on the technological progress of the machine tool industry and the development of the machine tool industry.
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