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In 2017, the added value of machinery industry increased by 10.7%

Update:06 Feb 2018
Summary:

BEIJING, February 4 (Reporter Li Xinping) Recently, the […]

BEIJING, February 4 (Reporter Li Xinping) Recently, the reporter learned from China Machinery Industry Federation: In 2017, the machinery industry achieved a year-on-year improvement in efficiency, exports rebounded, the industry operated steadily and steadily, market confidence gradually improved and the development situation was good As expected. At the same time, the problem of insufficient supply of high-end products and unbalanced supply of low-end products has not yet been fundamentally changed, and the problem of insufficient development of short-board equipment such as special equipment remains prominent. The value-added of the machinery industry increased by 10.7% over the same period of last year, which was respectively 4.1 and 3.5 percentage points higher than that of the national industry and manufacturing industry in the same period, 1.1 percentage points higher than that of machinery industry in the same period of last year.

China Machinery Industry Federation expects the machinery industry in 2018 will continue the steady growth of the previous year, the growth rate of major economic indicators to maintain or slightly lower than the previous year's level. Specifically, it is estimated that the added value of machinery industry, the growth of main business revenue and total profit will all be around 7% in the year, and the export of foreign trade will maintain moderate growth, the growth rate will be lower than the previous year.