China Machine Tool Industry Association recently released statistics on industry development in 2005. The growth rate of industrial output value and product sales revenue reached 25%, and the total industrial output value of the whole industry reached 130 billion yuan. Among them, the sales value of metal processing machine tools will exceed 40 billion yuan.
In 2005, the export of machine tool products was about 3 billion US dollars. Yan Liangzhi, deputy director general of China Machine Tool Industry Association, said that in 2005, the industrial structure of the machine tool industry has undergone positive changes: major state-owned enterprises have basically realized corporate or shareholding system transformation, and the proportion of private enterprises and foreign-funded enterprises in the industry has been expanding. The industrial concentration was further improved; the enterprises merged across regions to achieve strong alliance and strategic reorganization; the quality and grade of domestic and imported products were further improved under the influence of market demand structure changes; the import volume of machine tools decreased year-on-year, and the import value increased year-on-year; The domestic machine tool market share has rebounded.
He predicted that the development speed of the machine tool industry in 2006 will remain at around 15%, and the total industrial output value of the whole industry will reach 150 billion yuan.
In 2005, the export of machine tool products was about 3 billion US dollars. Yan Liangzhi, deputy director general of China Machine Tool Industry Association, said that in 2005, the industrial structure of the machine tool industry has undergone positive changes: major state-owned enterprises have basically realized corporate or shareholding system transformation, and the proportion of private enterprises and foreign-funded enterprises in the industry has been expanding. The industrial concentration was further improved; the enterprises merged across regions to achieve strong alliance and strategic reorganization; the quality and grade of domestic and imported products were further improved under the influence of market demand structure changes; the import volume of machine tools decreased year-on-year, and the import value increased year-on-year; The domestic machine tool market share has rebounded.
He predicted that the development speed of the machine tool industry in 2006 will remain at around 15%, and the total industrial output value of the whole industry will reach 150 billion yuan.
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