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Home > News > Industry Activities > Engineering Machinery Industry expected to rebound in 2016

Engineering Machinery Industry expected to rebound in 2016

By CFM , 2016-02-02 09:11:46

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In 2015, Engineering Machinery Industry had already been bound to confront with the trend of downturn. In 2016, it was expected that there would be slightly rebound along with the small positive growth.

Based on the statistics, in November 2015, the export delivery value of Engineering Machinery Industry reached 2.035 billion CNY, 27.54% decreased comparing with that of the last year. However, during January to November, the year-on-year growth of accumulative production in Engineering Machinery Industry was reported to be negative. According to the aforesaid statistics, there were great changes occurring in Engineering Machinery Industry, but tending to be steady in the following months.

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