This machinery industrial output growth is expected to 12%

The China forged chain federation on July 28 statistics released during the first half of this year, China machinery industry output year-on-year growth of 7.28%, According to the forecast, 2009 year-round machinery industrial output will increase from the previous year to around 12%, realize the profit will be a year-on-year growth of around 8%, export is expected to be a year-on-year drop by 10%.
The China machinery industry federation executive vice President CaiWeiCi at the conclusion of the first operation, mechanical industry, said the mechanical industry has been intense period of decline, but rise foundation is weak. During the first half of the total industrial output 4.79 complete mechanical 7.28% year-on-year trillion yuan, and 1-2 month this year, the growth that is only 2.9% in improving production situation.

From the profits, 1 ~ 5 months overhead conveyor total profit of 1898 billion yuan, year-on-year, reduce 7.73% fell 15.9 billion yuan, but with 1 ~ 2 months 25.81% year-on-year drop by narrowing, 18.08 percentage points, mechanical industrial economic benefits have appeared to signal of the right direction.

CaiWeiCi thinks, mechanical industry overall management quality improved, but early than from product sales, advocate business wu income and cost profit margins, the flow of factors such as asset turnover has not yet been achieved, pre-crisis levels. We should focus on the equipment manufacturing industry and automobile industry adjust and revitalization plan implementation, unremitting efforts to promote structure adjustment and saving energy, strengthen the work of product quality, promote "two", actively develop manufacturing services.