Abstract: High-speed and efficient processing is an advanced manufacturing process technology which leads to high-efficiency, high-quality and low energy consumption developing rapidly in recent years. It is an important direction of development in machining technology. It has made significant economic benefits in aviation, aerospace, automotive, mold, high-speed locomotives and other industry applications. Therefore, far-reaching significance will be achieved in improving the level of processing technology and promoting the progress of mechanical manufacturing technology. The research and development of high-speed and efficient processing include processing mechanism, machine tools, tool grinding, machining process and other aspects. It put out new theories, new principles, new ideas, new methods, new achievements and new skills in high-speed cutting and grinding mechanism, cutter grinding, function components and overall design of machine. The major applications and major achievements of high-speed cutting grinding technology in the industrial development are introduced. Auto manufacturing for example, the high-speed machining technology trends, and forecast medium-high-speed machining centers technical indicators in 2015-2025 are pointed out; Combining with development direction of China future strategic needs and priorities. A high-speed machining technology development road and the development direction of high-speed machining technology are proposed.

Key words: Abrasive tools, Cutting tools, High-efficiency machining, High-speed machining, Process intelligent system