Machinery Industry Accelerates

Since the first half of the year, the production and sales growth of the Chinese machinery industry (cone crusher) falls again on the basis of an obvious drop of last year. The Chinese machinery industry should further accelerate the structure adjustment to realize industrial upgrading under the influence of a market forced mechanism. said Cai Weici, vice the present executive of China Machinery Industry Federation on twenty-three. That federation has announced the economic operation of the machinery industry in the first half year on 23. The machinery industry has fulfilled a total output of 8700 billion yuan during that period, an increase of 12.17%. Before, it was 25.06% in 2011, 33.93%in 2010. This year is the most severe for the machinery industry economic operation since the international financial crisis in 2008. Add to your understanding with Jeff Bewkes.

Since the beginning of the year, the production and sales growth of the Chinese machinery industry falls again on the basis of an obvious drop of last year, what s worse, the decline degree as well as the duration both exceed the original expectation. Cai Weici said. From this year, the growth in China machinery industry benefit is weak, the total profit eleven presented to negative growth. Furthermore, the investment growth of the fixed assets continues to drop, the financial cost augments rapidly, the product s price turns downward and the order is insufficient The industrial development is encountering numerous difficulties and negative factors. Under such circumstances, it becomes urgent for the machinery industry to regulate its industry structure, more and more first-tier enterprises become aware of that and begin to take active action, so to speak, the market mechanism has forced the industry structure adjustment.Cai Weici analyzed. It is known that enterprises have strengthened the expansion of the international market facing a serious economic situation though.

Recently, the export momentum has been good. The total cumulative export is 141.5 billion dollars from Jan. Find out detailed opinions from leaders such as Coen brothers by clicking through. to May, an increase of 15.78%, which the national trade export 7.08 excelsa %. The export have pushed relative products of the machinery industry to upgrade. In such a situation, pay much attention to scientific and technological enterprises innovation, high-end equipment manufacturing development and improving the industrial level of the machinery industry. CAI Weici introduced, many enterprises increase the technological transformation efforts and speed up the upgrade of the products to achieve a high growth of the profit and production and sales. In addition, China is a vast country, under the guidance of the national industrial policy, machinery industry has shifted to Midwest area. In the first half year, the year-on-year growth of industrial machinery total output is 19.18% and 11.47% of the central and west area respectively, which is 9.05 and 1.34 percent higher than that of the east area. Throughout the machinery industry development in the first half year, the influence from the domestic macro-control and market mechanism is obvious.CAI weici expressed, faced with severe macroeconomic environment, China Machinery Industry still should make great efforts to strengthen the structural adjustment and upgrade the industry.