News on China's scientific and technological development.

dropout003

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so I had just no idea how many of these funds that China has but apparently a lot. they even have one just for industrial machine tool, which recently gave a 1B RMB funding to Beijing Jingdiao
Their machines are extremely popular in the mold industry and precision job shops. As far as I know, they are the most vertically integrated machine manufacturer, they produce key components in-house (spindles, rotary tables, CNC controllers, and CAD/CAM software).
 
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