Machinery sector rises steadily
Print Edition
Growth in China’s machinery sector was stable in the first half of this year with solid progress in industrial upgrading, an industry group said.
Chen Bin, executive vice president of the China Machinery Industry Federation, said the industry saw stronger endogenous growth momentum.
Production boomed in passenger vehicles and other consumer products, machinery used for water pollution control and broader environmental protection, and intelligent manufacturing equipment in the first six months, Chen said.
“The industrial transformation deepened,” Chen said, citing faster growth in fixed asset investment, and progress in import substitution of core components of crucial technological equipment.
“The machinery sector will hold steady in this year,” he said.
Combined profits climbed 6.73 percent year on year in January to June, slower than the national industrial average, according to CMIF data.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
