China's Equipment Manufacturing Industry Reported The Third Consecutive Quarter Of Rising

Just-released first quarter of 2010 through the equipment manufacturing industry

in the climate index report, the first quarter of 2010, equipment manufacturing sentiment index was 99.4 points (100 points economy standards), up 0.7 points sequentially, the third in a row quarter increase in the basic return to from 2003 to 2008 and rapid growth cycle of the initial level (first half of 2003 levels).

Economic Daily, the climate index by industry, research centers and National Bureau of Statistics China Economic Monitoring Center of the preparation of climate index published here on the 20th. The index reported in the first quarter warning equipment manufacturing index for the 113.3 point increase over the previous quarter, 20 points in the "green area" to continue upward run.

NBS chief economist Yao Jingyuan Monitoring Centre and the Chinese economy Pan Jiancheng, deputy director and other officials, experts, equipment manufacturing business index and early warning indicators of the increase, showing that industry conditions, the general sense continues to improve.

According to analysis, equipment manufacturing boom of the first quarter increase was mainly due to domestic demand pick up, corporate sales price of a sustained, rapid growth and a modest rebound in corporate profits and taxes continued to show rapid growth, significant increase in labor demand.

Index analysis, the current development of equipment manufacturing industry there are many favorable conditions, but because of the development of equipment manufacturing industry policy depends on a higher degree of external demand should pay attention to pick up the remaining large uncertainties, this is not conducive to the withdrawal of the policy time. Should be further strengthened, "the equipment manufacturing industry restructuring and revitalization plan" be implemented and take a more active policy measures to encourage and guide private capital investment.

by: gaga

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