- In 2009, the global machine tool industry suffered heavy losses due to the economic crisis, while China's machine tool industry grew to become the largest in the world for the first time, surpassing Germany and Japan. - China saw continued growth in its machine tool industry, with domestic production meeting 70% of domestic demand by 2009. The output and use of computer numerical control (CNC) machine tools in particular increased rapidly. - The report analyzes developments and key companies in the global and Chinese machine tool industries, finding that China has made progress in areas like production, computerization, and meeting high-end demand.