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Home > News > > Brief Report of Economic Operation & Development from CMCA in 2015

Brief Report of Economic Operation & Development from CMCA in 2015

By CFM , 2016-02-23 09:45:27

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Influenced by the downturn of macro-economy growth at home and abroad in 2015, enterprises in China General Machine Components Industry had confronted with quite a lot of difficulties, e.g. shortage of orders, increase of operation cost, fierce market competition, difficult capital turnover, due to the weak external demand and continuous slow-down of internal demand.

It was showed according to the industrial statistics that in 2015, the China General Machine Component Industry achieved a total production value of 359 Billion CNY, 2.7% decreased comparing with that of 2014; six sub-industries of China General Machine Component Industry, including China Fastener Industry, showed simultaneously a tendency of negative growth.

In 2015, China Fastener Industry had its export value reached 5.121Billion USD, 3.01% decreased comparing with that of 2014; the import value of fasteners reached 3.052 Billion USD, 11.33% decreased.

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