Current performance of China’s machinery and equipment industry booming trend, but the traditional products are usually very tough competition in the future increased investment False Value companies with high technological content and high added value for its producers. Just recently, the National Development and Reform Commission’s Economic Operation Bureau’s latest report on machinery and equipment industry. The report shows that in 2006 the first 10 months of industry, the fourth core business revenues 27000000000000 yuan, an increase of over 30 years. 2%, an increase of 9 increased by 2 percentage points, a total profit of 230 billion yuan, an increase of 41st 7% over the same period 39 6 percentage points. The report concludes that China’s machinery industry in 2007, there was still enough to leave room for development. Export growth than import-Development and Reform Commission of economic operations in the Bureau report shows the first 11 months of 2006, China’s total industrial production machinery industry REALLY & # xE4; Value 5 trillion yuan to 29 4% increase compared with 8 2 points for completion of RMB1 industry lisandvää rtuse. 26000000000000 yuan, an increase of 21st 3% to 7 percentage points, the cumulative production and marketing of 97th 29%. Among the 95 kinds of main products in the industry, three-quarters of the products achieved double-digit growth. Produced in the sixth Vehicles 66000000 26 1%, third 56 million cars, increased by 40 3%; 109th 23000000 kilowatts of electricity generation plants, an increase of 30 to 8%, cutting machine is 510,000, an increase of 13th 9%, numerical control machine tools 77 000 units, an increase of 30 to 8%, petroleum refining, petrochemical, specialty production of 34 million tonnes, up 59 9%. In addition, export growth is higher in progressively narrows as imports, the trade deficit. In 2006, the first 10 months, mechanical, industrial exports 115th $ 8000000000, plus 36th 8%, imports 115th 9000000000 $, an increase of 21%, the overall trade deficit but a reduction of $ 3,000,000,000 $ 11,000,000,000 over the same period in 2005, and the import & export põhim # xF5; tteliselt balance. focus on large rooms with high technological ContentAs national policy to revitalize the equipment manufacturing industry, step by step support and equipment manufacturing. However, as China’s equipment manufacturing industry, the number of areas in which technical standard is not high, with several large construction projects and equipment must still rely on imports, so the speed of technological innovation and equipment manufacturing industry is a pressing need to modernize the structure. Therefore, the report noted that the growing market demand, NDRC equipment manufacturing industry development in 2007 to free up space, but “structural & # XFC; lejääk “supply and demand relationship will be long term. In the near future, although some general increase in demand for traditional products, but competition is fierce, with high technological content, and such a high impurity & # xE4; ärtusega of major technical equipment demand is growing rapidly. CITIC Securities analysts believe that China’s future, a lot of foreign engineering contracting and its competitive advantage in the export of domestically produced equipment, high economic growth accelerating to strengthen national export, not only does not increase the export earnings, more importantly, the release of some domestic capacity to weaken the balance of supply and demand for more, industry tends to TS & # XFC; kliliste fluctuations, in addition to the country’s economic and technological modernization of industrial machinery and equipment industry, 5-10 years, the golden age of development. analysis report to the Orient Securities also believes that new construction projects in high growth, import substitution is a space to open opportunities for advanced CNC machine tools, railway equipment, to stimulate investment in honor of & # XDF, in addition to opportunities for development. PricesAt be disappointed by the raw materials, engineering, investments in rapidly growing over-capacity of the cover slowly. 2006 1st In November, the general equipment manufacturing industry, electric machinery and equipment industry, special production, measured , s, cultural and office machinery Manufacture of capital investment 55 6% 52 2% 40 6% and 35% one. Moreover, as the machinery industry, intense market competition, corporate profit margins are narrow, multi-industry trade of the U ldiselt lower than sales growth. Development and Reform Commission in 2007 shows the development of the industry analysis that over-capacity, industry structure adjustment , part of the market demand for machinery and equipment to some extent, especially prior to the energy and raw material prices and rising transportation costs directly affect the mechanical work ; stuse economic benefits, such as copper, aluminum, high-quality special steels and other raw material costs to run the company. In addition, international trade protectionism, macroeconomic controls, so that fixed investment growth will slow development of the engineering industry has led to a certain extent.


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