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subject: Stimulate Domestic Demand, 2009 Will Accelerate The Pace Of Industrial Development Machinery [print this page]


Leave time scale Construction Machinery Five Features of the industry

Despite the spread of the U.S. financial crisis will have great impact on world economic growth, developed countries facing economic recession, but the export of machinery products in China market are mostly developing countries and emerging countries, these economies, their potential is still large demand for machinery products in China will continue to maintain a certain growth. From a macro point of view, China's machinery exports to continue to maintain growth momentum. As

Machinery Industry Big country, China has a comparative advantage of some machinery products have great export potential, such as small and medium

Agricultural Machinery Medium-power construction machinery, general machine tools, mid-range scientific testing equipment, optical instruments and other products in the international community has a larger market. In particular, China has increased the "going global strategy" to implement efforts to encourage the development of overseas projects and

Cooperation Development of economic and technological cooperation project made great progress, that progress will largely promote the export of machinery products related.

Present, China's machinery manufacturing industry both in technology upgrades, or geographical selection has much room for development and competitive advantage. All along, China's industrial growth rate compared with developed countries all have large gaps, but this time developed by the financial crisis on developing countries, provides opportunities for overtaking, but also developing countries to improve international a good opportunity for competitive advantage!

The form of China's machinery industry development

Plus First, the current state clearly will continue to implement the proactive fiscal policy and a moderately easy monetary policy, macroeconomic situation is expected to further warming. In this backdrop, the demand for mechanical products industries is expected to continue to grow; to stimulate domestic demand began to show effects of investment in fixed assets increased, demand increased; equipment manufacturing an active role in the restructuring and revitalization plan appears.

Second Energy , More liberal supply of raw materials, machinery industry is conducive to cost control and efficient; third countries on restructuring and revitalization of the equipment manufacturing industry and

Car Industrial policies (such as encouraging independent innovation, to encourage vehicle speed update and improve the export tax rebate rate of some machinery, VAT, etc.) is continuing to implement, will accelerate the pace of industrial development machine; Fourth, especially the second half of last year Machinery industry growth rate in the fourth quarter and steep lower base of comparison in the second half of this year, and therefore more conducive to enhance the growth rate in the second half of this year.

Government procurement should increase domestic support for key equipment; as soon as possible related to macro-control policy, and solve some of the flow of funds for SMEs are still difficult issues; national policy should focus on support for common industry, the key technology research and guide product upgrades; speed up the reform of monopoly industries and enterprises and properly handle the mass of external procurement; as soon as possible to set the necessary threshold, the establishment of backward production capacity out of the market mechanism to avoid redundant construction; further implementation of structural tax reduction and the stimulation of domestic demand expansion economic policy, tax rebates have not yet reached 17% pay more attention to mechanical and electrical products, mechanical and electrical products to keep our share in the international market; manufacturing services in the enterprise development process to give necessary policy support.

Disadvantage Mainly lack of external demand prospects have yet to see significant improvement. According to World Bank analysis, the prospects for global economic recovery is also difficult to forecast, exports of industrial machinery market is difficult to significantly improve the short term, exports decline is not optimistic on the limited intervention of the international market.

Synthesis of various factors, mechanical industrial economic operation in 2009 the general trend is: in the first quarter continued the downward trend in the second half of 2008, growth of major economic indicators continue to decline and dropped to the bottom; with countries to promote economic growth the implementation of policies and measures, machinery industry in the second quarter starting from the bottom of the steady recovery in the second half is expected to continue upward trend in the second quarter and gradually speed up the recovery rate is expected to again reach double-digit fourth quarter of rapid growth.

Forecast full year 2009 growth of machinery industry total output value of about 12% than the previous year, profit growth of about 8% than the previous year, export volume is expected to drop about 10% than the previous year.

Recently in the "first half of 2009 Machinery Industry news conference on economic trends," the learned, complete the first half of 2009 industrial output value of machinery industry 4.79 trillion yuan, up 7.28%. Growth rate for the first time in nearly seven years down to single digits, with the same period the growth rate of 29.61% compared to a decrease of 22.33 percent, the growth rate decline was large, rare.

Stimulate Domestic Demand, 2009 Will Accelerate The Pace Of Industrial Development Machinery

By: aoao




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