Judging from the statistical data of key contact enterprises in cmtba in the first 8 months of 2018, the industry has maintained a steady overall operation and improved operation quality.  Each month's main business income and total industrial output value increased significantly year-on-year, with the total profit more than doubling year-on-year, and the inventory of finished products decreased year-on-year.  In the main business income, rolling functional components, machine tool accessories and abrasive tools showed significant year-on-year growth.  With the exception of the two sub-sectors of machine tools and electrical appliances and numerical control devices, the total profits of other sub-sectors have increased to varying degrees year on year. In particular, the sub-sector of Jincheng machine tools has turned losses into profits year on year.  Under the background of stable and good operation of the whole industry, there is also a certain degree of differentiation between different small industries.  After the meeting of the Political Bureau of the CPC Central Committee at the end of July, all localities actively implemented the policy of "stabilizing employment, stabilizing finance, stabilizing foreign trade, stabilizing foreign investment, stabilizing investment and stabilizing expectations", and the results gradually showed.  From January to August, investment in the manufacturing industry increased by 7.5% over the same period last year, the highest growth rate since March 2016. The sluggish investment has improved, which will be conducive to the growth of market demand for machine tools and the steady development of the industry to a good trend.  It is expected that the operation of the machine tool industry will maintain a small growth in 2019 and the product structure will be further upgraded.