The next five years, profit growth rate of China's equipment manufacturing industry is still up to 30% - Manufacturing - Machine Tool Industry

The next five years, profit growth rate of China's equipment manufacturing industry

is still up to 30% - Manufacturing - Machine Tool Industry

Recently, led by the National Development and Reform Commission prepared a special report, "International Equipment Manufacturing in the latest developments and trends" baked. The report on the 2000 to 2006, the United States, Japan, Germany, France, Italy, Korea, Brazil, India and China, nine countries of the equipment manufacturing industry output value, added value such as a comprehensive statistical data to quantitative analysis of the Development of international equipment manufacturing, dynamics and trends, as well as international equipment manufacturing industry technology trends and the evolution of organizational restructuring.

The report predicts that domestic demand-pull and international industry transfer of "dual power", led by China's equipment manufacturing industry will continue to maintain the good momentum of rapid and steady growth, profit growth is expected within the next five years are still sustainable at 30% , while the industry will reflect the following four characteristics:

First, the scale of industry and further expand the foundation of growing. As the national economy development and defense technology and equipment to provide the basic, pillar and strategic industries, equipment manufacturing has become one of the largest industrial categories. According to statistics, China's equipment manufacturing industry output in 2007 topped seven trillion yuan, compared with nearly 32% in 2006, for 5 years to more than 20% of the rate of sustained and rapid development; domestic scale equipment manufacturing enterprises profit 388 666 000 000 yuan, up 47.79 percent.

Second, to further increase R & D investment, innovation improved. The near future, our ability of independent innovation, rejuvenate the equipment manufacturing industry will continue to implement a series of major projects, for all sectors of society to guide enterprises to increase R & D investment on the equipment manufacturing industry to improve the innovative capacity of equipment manufacturing enterprises, with very significance. The report predicts that the next five years, China's equipment manufacturing business R & D share of total sales from the current 1.4% growth to 2%.

Third, intellectual property created by the further increase of the total, core and increase their competitiveness. Nine key areas of our equipment manufacturing industry (power generation equipment, petrochemical equipment, metallurgical equipment, machine tools, instruments, coal machinery, engineering machinery, agricultural machinery, environmental protection equipment) and by units or individuals, the number of patent applications in China shows continued growth trend. The report predicts that the next five years, nine key areas of manufacturing equipment by units or individuals Patents in China authorized by the total amount of the total applications for invention patents and utility model patent of the total growth rate will reach more than 30%; of Manufacturing industry has been given the number of well-known trademarks in China will further increase, an average annual growth rate of 30%.

Fourth, the further implementation of major national projects, a large number of major technical equipment for realization of self-oriented. The report predicts that the next five years, relying on major state projects, in energy, materials, machinery and other fields, to speed up research and development of large-capacity high-head hydropower generating units, million-kilowatt pressurized water reactor nuclear power critical equipment, large-scale long-distance oil and gas pipeline outfit, large-scale integrated coal mining and washing outfit, megaton large ethylene equipment, large-scale coal chemical equipment, large-scale broadband sheet and generous plate and key equipment, new ships and offshore oil engineering equipment, a large number of major technical equipment will independent of the progressive realization.

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