Under the impact of financial crises, significant downturn is taking place all around the world. Confronting this situation, the Chinese government will invest 4 trillion Yuan in order to expand domestic demand and promote economic growth next year, which not only enhanced confidence and power in Chinese economy but also brought hope and vitality to world economy. Under the shadow of economic turmoil throughout the world, it is universally recognized that Chinese market has become “the oasis in the desert” during the global economic recession, resulting in concerns from the world for the great potential of Chinese market.

On the meeting of booths arrangement for the 11^th China International Machine Tool Fair (CIMT2009), the organizer China Machine Tool Industry Association had a time trying to allocate more space for domestic and foreign enterprises. 80,000 square meters exhibition area is insufficient to meet all exhibitors’ requirements. The limited exhibition space could only allow part of domestic and foreign machine tool enterprises to participate in, unfortunately closing the door to another 200 manufacturers.

Professionals hold the view that the most prominent reason for the popularity of machine tool fair is that Chinese machine tool market boasts bright prospects throughout the world.

China, offering the largest machine tool market in the world, requires large demand for CNC machine tools, especially top-grad ones. The starting of its plan to revitalize sixteen key fields in equipment manufacturing is another stimulant to Chinese Economy. Many overseas enterprises consider China as the No.1 market which is a vital front base in the global market. They rival each other through participating exhibitions to demonstrate their company images and latest technology and receive orders in Chinese market.

The government’s measures in rate cutting, taxes reducing and investment are introduced to coordinate with the development of manufacturing base in Shanghai. All policies related are all suggestive information for those professionals to quickly and deeply realize the unlimited business opportunities Shanghai International Machine Tool Fair will bring.

Although the financial turmoil has left impact on machine tool industry, exhibitors from at home and abroad are still bullish on the Chinese market, especially the share of east China market! As a result, they enthusiastically reserve the space for Shanghai International Machine Tool Fair while struggling to squeeze in China International Machine Tool Fair, ,.

By participating CIMT 2009 and EASTPO 2009, the two most well-known international exhibitions for metalworking, you can occupy two most important market in China, the east and north!zhangtina.cn

EASTPO 2009 will be inaugurated at the Shanghai New International Expo Center on July 15^th-18^th. It is a great opportunity you can not miss, if China is considered as your final destination for business in 2009.