www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Industries

China's machinery trade surplus hits record

By Du Juan (China Daily) Updated: 2015-02-12 07:48

China's machinery trade surplus hits record

Weaving machines developed by a company in Shaoxing, Zhejiang province, on display at an international machinery manufacturing expo in Yiwu. China's machinery sector reported a record trade surplus last year. [Photo provided to China Daily]

Private enterprises look to exports to cope with overcapacity

The machinery sector posted a record trade surplus of $79.1 billion last year, lifted by rapidly growing exports from private manufacturers, a senior official of the China Machinery Industry Federation said on Wednesday.

Facing weak domestic demand amid a slowing economy, private machinery companies looked actively for foreign customers, who bought $148.9 billion worth of products, up 14.35 percent year-on-year, according to data from the federation.

The industry as a whole had exports of $402.3 billion, up 8 percent, while imports rose 8.2 percent to $323.2 billion.

Cai Weici, a senior adviser of the federation, said that given the severe overcapacity in the domestic machinery market, the trade surplus is set to expand in the coming years.

"It also demonstrates that China's equipment products are becoming competitive in the global market," he said.

In recent years, private companies accounted for only about one-third of machinery exports, but the proportion will be more than half very soon, based on current developments, Cai said.

However, Chen Bin, head of the federation, said that although export volumes are expanding, the profitability of those exports are uncertain because many companies are selling abroad at low prices to soak up the output of their excess capacity.

Affected by the country's slowing economic growth, the machinery industry is facing challenges, Chen said.

In 2014, the sector expanded 9.4 percent, generating total revenue of 22.2 trillion yuan ($3.57 trillion), according to the federation. The growth rate was 4.4 percentage points lower than the previous year, Chen said.

The industry had aggregate profits of 1.56 trillion yuan last year, up 10.6 percent, but the gain was 5 percentage points lower than the previous year.

Chen said that profits were affected by declining prices and shrinking demand.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产免费一区二区三区免费视频 | 国产精品亚洲国产三区 | 欧美成人做爰网站 | 亚洲第一se情网站 | 99精品在免费线视频 | 欧美精品在线视频 | 毛片网站大全 | 99综合视频 | 伊人情人综合网 | 国产性生交xxxxx免费 | 久久综合88| 国产精品网址 | 欧美日韩国产一区三区 | 亚洲人成亚洲人成在线观看 | 久久精品道一区二区三区 | 国产20页 | 九九免费在线视频 | 亚洲福利视频精选在线视频 | 日韩在线观看视频免费 | 久久99国产乱子伦精品免 | 亚洲高清免费在线观看 | 久久久久88色偷偷免费 | 美女一级ba大片免色野外 | 高h原耽肉汁动漫视频 | 成人欧美 | 欧美成人性色xxxx视频 | 亚洲欧洲日韩在线 | 欧美性色欧美a在线播放 | 奇米四色综合久久天天爱 | 色综合a | 国产成人久久精品麻豆二区 | 亚洲高清免费观看 | 国产日本一区二区三区 | 韩国免费网站成人 | 午夜91理论片 | 美女视频黄a视频免费全程 美女视频黄a视频免费全过程 | 99久久精品免费看国产四区 | 九九毛片 | 手机看片久久国产免费不卡 | 正能量www正能量免费网站 | 欧美日韩精品国产一区在线 |