The Output Value Of China Instrument Through The Perspective Of The Development Of New Industry

2009, China's Instrumentation Industry continued in the golden period of development

. According to Instrumentation Industry Association latest statistics, 1 May 2009, Instrument industry reached 104 billion yuan output value, up 28%; Sell Revenue of 98.1 billion yuan, up 28.1%; profit of 68 billion yuan, up 44.5%.

China Instrument Association Deputy Secretary-General Dongjing Chen predicted that full year 2007 growth rate of the instrument industry will remain high, will remain the lowest growth rate last year, even higher than last year's growth rate may also be 2 ~ 4 percentage points.

Thus, instrumentation industry has been high for six consecutive years to keep the economy running state.

"This is our last year's expected that some deviations. We originally estimated the growth rate will decline this year, but now appears, instrumentation industry, the growth rate has not slowed down. I think for two main reasons One country's economy is still running high; according to past experience, if GDP growth in more than 10%, the instrument industry growth rate of 26% and 30%. Second, the national macro-control on the instrument industry there is a lag effect, instrument often works late in delivery, therefore, because of macro-control policy instruments to reduce investment in the industry this year will not be much impact. "Dongjing Chen said.

However, despite the instrumentation industry in 2009 still continues the trend of rapid development in the past, but also showed some new trends different from the past.

Adjust foreign investment strategy in China

Foreign companies began to change the original instrument in order to form oriented wholly-owned investment. These changes are mainly manifested in two aspects, first began to focus on mergers and acquisitions of domestic excellent manufacturers, and second, increasing the proportion of commissioned production.

Last couple of years, foreign-funded enterprises a wide range of excellent business contacts with China, to acquire the interest. However, not much success. So far, the domestic industry's leading instrumentation companies Xinhua part of the company only acquired by GE. However, according to people familiar with that, said the acquisition was not given after the acquisition has brought rapid development of Xinhua.

In fact, the outstanding foreign acquisitions of domestic enterprises is not easy. At present, the Government's support for instrumentation industry growing, only the first half of last year and this year, the ministry has set up six research projects on the instrument, government financial support more than 100 million yuan. This unprecedented support, so that the outstanding instrument manufacturers have a broader space for development.

In addition, more and more foreign companies began to use in the domestic production of commissioned processing methods, such as Siemens, Honeywell and so are looking for domestic enterprises, commissioned the production of their products. Dongjing Chen said that this instrument of domestic manufacturing enterprises, is a good thing, you can commission the production process, according to the quality requirements of international famous enterprises, and constantly enhance their skills. The most typical example is that of electromagnetic flowmeter as a commissioned Siemens units, Beijing Sanyuan company Rip-made electromagnetic flowmeter products export to Europe has begun.

A transition of low value-added products

Dongjing Chen said the first half of 2009 meters there is a clear industry characteristics, namely low value-added product growth rate decreased significantly. 1-5 month growth rate of output electric instruments only 18.8%, significantly lower than the industry growth rate of 28%. Meter export billions of dollars as a single dollar of competitive products, the development of the first half of the obstacles encountered: the growth of its export value was only 19%, well below the instrument industry average growth rate of exports. Dongjing Chen believes that the current meter products on foreign markets, a higher performance requirements, the traditional mechanical meter can not meet the needs of foreign markets.

Currently, domestic manufacturers have basically completed the meter to Electronic Meter transformation.

by: gaga

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