China's gear industry has developed rapidly during the "Tenth Five-Year Plan" period: in 2005, the annual output value of the gear industry increased from 24 billion yuan in 2000 to 68.30 billion yuan, with a compound annual growth rate of 23.27%, making it the largest industry in China's machinery basic parts. In terms of market demand and production scale, China's gear industry has surpassed Italy in the global ranking and ranks fourth in the world.
In 2006, all gear, transmission and drive parts manufacturing enterprises in China achieved a cumulative industrial output value of 102,628,183 thousand yuan, an increase of 24.15% over the same period of the previous year; the cumulative product sales revenue was 9,8238,240 thousand yuan, an increase of 24.37% over the same period of the previous year; the cumulative profit was 566,5210 thousand yuan, an increase of 26.85% over the same period of the previous year.
From January to December 2007, all gear, transmission and drive parts manufacturing enterprises in China achieved a cumulative industrial output value of 136,542,841 thousand yuan, an increase of 30.96% over the same period of the previous year; from January to October 2008, all gear, transmission and drive parts manufacturing enterprises in China The cumulative industrial output value was 144,529,138 thousand yuan, an increase of 32.92% over the same period of the previous year.
Compared with developed countries, China's gear manufacturing industry still has problems such as insufficient independent innovation capability, slow development of new products, disorderly market competition, weak enterprise management, low degree of informatization, and the comprehensive quality of employees to be improved. At this stage, the gear industry should improve industry concentration through market competition and integration, and form a group of large, medium and small-scale enterprises with assets of billions of yuan, 500 million yuan and 100 million yuan; through the design and development of products with independent intellectual property rights, a group of vehicles should be formed. The leading enterprise of the transmission system (gearbox, drive axle assembly) integrates the capabilities and resources of the gear industry with the supporting capabilities of the leading enterprise; realizes specialization and network matching, and forms a large number of distinctive craftsmanship, distinctive products and Famous brand enterprises with rapid response capabilities; through technological transformation, realize the transformation of modern gear manufacturing enterprises.
At the end of the "Eleventh Five-Year Plan", the annual sales of China's gear manufacturing industry will reach 130 billion yuan, and the per capita sales will rise to 650,000 yuan per year, reaching the second place in the world in the world industry ranking. From 2006 to 2010, 100,000 new equipment will be added, that is, the annual investment in new equipment is about 6 billion yuan, and 20,000 new machine tools are purchased, and the average unit price of each machine is 300,000 yuan. By 2010, China's gear manufacturing industry should have a total of about 400,000 machine tools of various types, of which 100,000 are numerical control machine tools, and the numerical control rate is 25% (higher than the average of the whole machinery manufacturing industry of 17%).