Economic Situation of the Machinery Industry

Modern machinery industry in China has been greatly developed, and it has been showing a steady and rapid development with advantages and characteristics of large-scale, full-categories and comparative export. After decades of development, China has formed a relatively complete industrial system. Machinery industry growth rate in 2012 has declined and showed six major economic indicators of industrial added value, output value, profits, exports, product yield and investment in fixed assets trend. The overall situation is quite grim. Major difficulty is that in the economic operation in 2012,the demand growth slows down sharply. Almost all mechanical products are facing overcapacity, rising labor costs, financial costs, overdue obligations seriously and a dramatic drop in demand for exports. The machinery industry has been transferred from the rapid growth period following last year’s downward pressure in 2013. The situation is still tight and will not be significantly warmer. Machinery industry sales growth rate is expected to be around 10% and the profit growth is expected to be around 5%. The export growth is expected to be around 8%.

The domestic demand situation is as follows. Macroeconomic in this year is slightly warmer, but inflationary pressures will be greater than this year. External demand growth will continue to slow down and there are many unfavorable factors. Procurement costs rise slowly and there is slowdown in the financial cost pressures. Labor costs continue to grow steadily, construction machinery , other circulation larger inventory, capacity transition expansion are facing big dangers. Industrial policy of mechanical industrial structure is quite favorable. Hongxing mining machinery provided different kinds of classifier.htm">classifiers, it will continue to provide qualified products under current economic situation.

Ore beneficiation : http://www.ore-machine.com/ore-beneficiation.html

stone portable machine :...