Machinery Industry Domestic Sales Return To Temperature But Export Downturn
Recently, for our mechanical enterprises, the pressure of domestic sales and export is increasing, sales are still in an unsatisfactory state, and there is a possibility of continuous deterioration. CIC consulting machinery industry industry research department analysis, the recent domestic machinery industry is expected to pick up, the industry will be stimulated by the infrastructure recovery; export will remain low.
Trillions of investment to help domestic sales pick up
CIC consultants judged that the worst moment in the machinery industry is in the past. Entering the 4 and May, the 4 trillion investment projects may start to start one after another, and the sales of the industry will obviously improve. One of the most basic criteria is the increased investment in infrastructure and the huge demand for construction machinery market. In addition, the revitalization plan for equipment manufacturing industry has been published, which is good news for construction machinery enterprises.
Because of the state's efforts to increase investment in infrastructure, railways, highways and ports will become the focus of stimulating domestic demand in the next few years. With the development of large infrastructure projects, the machinery industry will usher in the dawn of construction machinery. The State Council has decided that in the next two years, the central government will invest 118 million yuan in 6 major areas, many of which are good news for the machinery industry.
In addition, the railway investment is advancing on schedule, and the demand for railway equipment is strong, which is also the power to boost the machinery industry. China's manufacturing industry purchasing managers' index (PMI) is the latest among the 20 industries, the pportation equipment manufacturing industry is the highest, reaching 62%, which is more than 30 percentage points higher than the lowest industry.
Exports will remain sluggish
Data from CIC Consultancy Industry Research Center showed that machinery and equipment exports in January were 16 billion 940 million US dollars, down 16%. Exports in January continued to decline in recent months. Many enterprises had expected to adjust their export expectations in 2009, for example, Liugong, 31, Xugong and other enterprises all reduced their export growth to below 50%.
At the meeting, the Minister of Commerce clearly stated that China's exports will continue to grow negatively in February. In the past, some agencies believed that exports in February fell by about 20%. CIC believes that as the financial crisis continues, the export of mechanical products is difficult to achieve in the face of the external environment.
Editor in chief: Xu Qiyun
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