Cutting tool manufacturing belongs to the metal products industry, with specific classifications as follows:
Industry classification standards
According to the "industry classification guidelines for listed companies" (revised in 2012) issued by the China securities regulatory commission, cutting tool manufacturing belongs to the "c33 metal products industry".
According to the national bureau of statistics' "classification and codes of national economic industries" (gb/t 4754-2017), cutting tool manufacturing is further subdivided into "c3321 cutting tool manufacturing".
Industry status and role
Cutting tools are the core components of machine tool functions, known as the "teeth" of industry, which directly affect the machining accuracy, quality, and efficiency of workpiece materials.
This industry is widely used in light industry, equipment manufacturing, building materials, automobiles, electronic information and other fields, and is a basic supporting industry of the national economy.
Industry regulatory authorities
The competent authority in the cutting tool manufacturing industry is the ministry of industry and information technology (miit), responsible for formulating industry plans, technical specifications and standards, and guiding industry quality management work.
In summary, cutting tool manufacturing belongs to the metal products industry and is an indispensable and important component of the manufacturing industry.
