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Home > News > Industry Activities > China's Machinery Industry Is Expected to Grow 20% This Year

China's Machinery Industry Is Expected to Grow 20% This Year

By , 2008-03-08 12:00:00

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Viewed from market demand, the total domestic market demand of 2007 in the countries strengthening efforts to control investment in fixed assets will Slow down in the context of the growth momentum, but which meet the emission reduction requirements of energy-saving equipment demand will obviously warming, so as to provide new business opportunities for the development of the industry.
  Despite China's machinery industry is still facing economic uncertainties, there are still some contradictions and problems in the development of the industry, but machinery industry is expected to maintain a stable and fast development momentum in 2007, with the added value of industrial output, primary business revenues, total profits, foreign trade exports, and other key economic indicators, will be generally achieve 20% growth.
  The positive factors development of the machinery industry will still dominate in the year of 2007. International market growing trade friction intensified, but the economic situation of several major economies is relatively stable, as long as we pay attention to enhance exports, it will still have room for development. In terms of supply, the supply of the major raw materials, energy and transport capacity, and other elements of industrial machinery requirements, while there are some sharp contradictions in some local areas, but also be able to meet the operations of the industry basically. So far, there is still no sign of overall notable changes in the supply of these elements concerned above.

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