Related News
Home 禄 Business 禄 Manufacturing
Machinery output seen to slow
THE growth of Chinese machinery production will slow to 15 percent in 2009, the csaid in Beijing over the weekend.
The value of production gained 23.4 percent to 9.07 trillion yuan (US$1.3 trillion) in 2008 despite the impact of natural disasters and global financial crisis.
This marked the sixth consecutive year of more than 20 percent growth in the industry, said the federation's Vice Chairman Cai Weici as he reported on last year's industrial performance last Friday.
For the first 11 months last year, the industry made a profit of 460.5 billion yuan, up 16.42 percent from a year earlier, said Cai. But in the fourth quarter, especially December, the domestic industry suffered a steep drop in production and exports.
Despite the worst economic crisis in decades, China's machinery industry is expected to boost profit and exports by 10 percent in 2009, said Cai.
The value of production gained 23.4 percent to 9.07 trillion yuan (US$1.3 trillion) in 2008 despite the impact of natural disasters and global financial crisis.
This marked the sixth consecutive year of more than 20 percent growth in the industry, said the federation's Vice Chairman Cai Weici as he reported on last year's industrial performance last Friday.
For the first 11 months last year, the industry made a profit of 460.5 billion yuan, up 16.42 percent from a year earlier, said Cai. But in the fourth quarter, especially December, the domestic industry suffered a steep drop in production and exports.
Despite the worst economic crisis in decades, China's machinery industry is expected to boost profit and exports by 10 percent in 2009, said Cai.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.