China Machinery Industry's production and sales growth target for the next five years is 12%

Cai Weici, executive vice president of China Machinery Industry Federation, said on the 25th that China's machinery industry's production and sales growth target for the next five years is 12%, and the biggest challenge facing China's machinery industry is industrial transformation and upgrading.

At the press conference held on the 25th, Cai Weici said that among the seven strategic emerging industries that the state supported during the 12th Five-Year Plan (2011-2015), the machinery industry accounted for two, namely high-end equipment manufacturing and new Energy car. This provides a favorable policy environment for the development of the machinery industry, and the development of Other strategic emerging industries will also drive the development of related machinery and equipment. Therefore, the machinery industry has set a growth target of 12% during the 12th Five-Year Plan period.

At the same time, the state's key support for related emerging industries also requires China's machinery industry to accelerate the transformation of development mode and industrial restructuring during the "Twelfth Five-Year Plan" period, which will be the biggest challenge for the machinery industry.

According to the latest report, in 2010, China's machinery industry completed a total industrial output value of 14.38 trillion yuan, a year-on-year increase of 33.93%, a record high. However, the machinery industry is currently facing some unfavorable factors, such as more cost increases and a rising RMB exchange rate. This will cause the growth rate in 2011 to drop significantly, and the growth rate of production and sales is expected to be around 15%.

? ? ? During the "11th Five-Year Plan" period, the total output value of China's machinery industry increased by 28% annually.

Xinhuanet Beijing, February 25 (Reporter Wang Min) The reporter learned from the "Medical Industry 2010 Economic Operation Press Conference" held in Beijing on the 25th that the total output value of China's machinery industry during the "Eleventh Five-Year Plan" period was 4 in 2005. .18 trillion yuan increased to 14.38 trillion yuan in 2010, an average annual increase of 28%, 16 percentage points higher than the expected target of the 11th Five-Year Plan.

It is understood that during the "11th Five-Year Plan" period, the added value of China's machinery industry accounted for 16.29% of the national industry in 2005 and 19.35% in 2010. In 2010, the output of most products increased significantly. Among them, the output of CNC machine tools is nearly four times that of 2005; in 2010, the output of automobiles was 3.2 times that of 2005.

After years of hard work, China's machinery products have rapidly increased the proportion and capacity of domestic market demand. At present, the domestic market share has increased from around 80% in 2005 to around 85%. A number of advantageous enterprises have accelerated their rise and production concentration has steadily increased. According to statistics, the sales volume of SAIC, Dongfeng, FAW and Changan in the automotive industry has reached 70% in the whole industry, and the production concentration of the top ten enterprises has reached 86%. In the power generation equipment industry, the output of the three major groups of Harbin, Dongdian and Shangdian reached 68.7%. In the wind power equipment industry, the output of China's three major enterprises, Huarui, Jinfeng and Dongqi, has also reached 70%. In the construction machinery industry, the sales of Xugong, Zoomlion and Sany Heavy Industry all exceeded 50 billion yuan, and the sales of the top ten companies accounted for more than 1/2 of the country.

Cai Weici, executive vice president of the China Machinery Industry Federation, said that the achievements of the machinery industry during the "11th Five-Year Plan" period have laid a good foundation for the "Twelfth Five-Year Plan" to continue moving forward. However, it seems that the industry's independent innovation capability is still Relatively weak, coupled with rising costs and rising exchange rate of the RMB against the US dollar, the development of the “Twelfth Five-Year” industry will return from the previous excess growth to steady growth, paying more attention to the structural upgrading and innovation capabilities of the industry.
 

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