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2007 exports will be the largest construction machinery industry bright spot
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Machinery Industry in the year 2001 will usher in the high-speed growth. 2007 China will maintain rapid economic growth, GDP growth is estimated at between 7-10%. China's rapid economic growth is bound to stimulate domestic investment and exports. For example, the Olympic Games, investment of nearly 1.5 trillion long list of needs among the many high-speed railway construction in China's machinery industry will be the high-speed growth in 2007.
Exports of mechanical engineering industry in 2007 will be the biggest bright spot. According to statistics, in 2006 the first 11 months of 2000, China's export growth to reach 60% of construction machinery. income growth is still faster than the industry-wide sales of nearly 25 percentage points. If a major industry Guiliugong, March 1, Alliance, Hill maintained a high growth momentum in exports and helping to promote, Liugong. March 1 in the first 11 months of 2006 export revenues reached nearly 400 million yuan, the growth rate is above 100%.
Industrial machinery imports and exports in 2007 is expected to reach the first time last year, and last year Sany heavy industry exports over imports.
Machinery Industry trends for 2007, the steady growth of fixed asset investment in China. continue to maintain high export growth and continued appreciation of the renminbi against the backdrop that the whole industry will have better performance industry growth in 2007 is expected to be around 25 to 30%, profits might be better.
Machinery industry is expected to maintain a stable and rapid development, and industrial output, industrial added value, main operating income growth of 20% over the previous year; total profit growth of 20% over the previous year; the total amount of import and export growth of 20% over the previous year.
China's machinery industry has entered a relatively rapid development cycle. Moreover, attention should focus on the growth of industrial machinery -- has been a shift from mainly depending on quantitative expansion to rely on qualitative upgrading, The industry is also escalating.
Source : Ministry of Information website
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2007-1-26 |
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