Based on the statistics of Swissmem, Swiss machine tool exports to China suffered a 27% decrease in 2012 compared to 2011. Since 1953, China’s leaders have drafted “Five-Year Plans” which are essentially blueprints for China’s economic and social development. According to the 12th Five-Year Plan (2011- 2015), Advanced Equipment Manufacturing is one of the seven emerging industries which the government strongly supports, the key sub-segments being high-speed railway, aerospace, marine engineering and high-end smart equipment.