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

Going gets tougher for China's machinery makers

By Du Juan (China Daily) Updated: 2015-02-27 07:10

Going gets tougher for China's machinery makers

Excavators made by the Chinese machinery maker XCMG Group are ready to be shipped to Port Vitoria in Brazil. [Wang Chun/For China Daily]

China's machinery manufacturers are planning to increase exports as a slowing domestic economy crimps demand at home, industry experts said.

At the same time, some companies are also aggressively expanding their overseas presence with mergers and acquisitions, they said. According to data provided by the China Machinery Industry Federation, the machinery sector reported a record trade surplus of $79.1 billion in 2014.

Private machinery companies were the mainstay of the exports from China, shipping products worth $148.9 billion to foreign markets in 2014, a year-on-year growth of 14.35 percent, according to the federation. Exports by State-owned companies stood at about $47.7 billion during the same period. Exports by joint ventures in China took about half share of the total exports.

Total exports by the industry stood at $402.3 billion in 2014, up 8 percent, while imports rose 8.2 percent to $323.2 billion.

Cai Weici, a senior adviser at the federation, said private companies have better incentive for tapping the overseas market and despite the weak domestic market, have managed to fare well.

Private machinery companies recorded total revenue of 12.7 trillion yuan ($2.03 trillion) last year, accounting for 57.3 percent of the total industry revenue.

"Given the severe overcapacity in the domestic machinery market, boosting exports is the logical long-term choice for companies," Cai said. "It also demonstrates that China's equipment products are becoming competitive in the global market."

While domestic companies are looking at overseas markets, some foreign companies have adopted a dual-brand strategy, which has helped them to be more localized in China.

Martin Weissburg, president of Volvo CE, said the "going global" strategy is not a new trend for the company as SDLG products have already been exported to global markets through Volvo CE's global marketing network for several years.

Cai said Chinese companies have performed better under the dual-brand strategy, which is a good option for growth.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: aaa在线| 中文国产成人精品久久一 | 日本免费成人网 | 中文字幕一区二区三 | 九九在线免费视频 | 91福利精品老师国产自产在线 | 日韩在线黄色 | 欧美一区二区三区久久综合 | 成人免费网站视频www | 久久精品国产一区二区 | 草草草在线 | 特级一级全黄毛片免费 | 在线成人亚洲 | 亚洲在线精品视频 | 特黄大片aaaaa毛片 | 手机在线免费看毛片 | 日韩一区二区三区免费视频 | se94se欧美综合色 | 欧美高清视频手机在在线 | 亚洲加勒比久久88色综合一区 | 九九视频精品在线 | 日韩久草 | 免费被黄网站在观看 | 久久免费精品一区二区 | 成人a毛片在线看免费全部播放 | 手机在线观看毛片 | 国产高清在线视频 | 日韩高清免费观看 | 精品精品国产欧美在线观看 | 成人亚洲欧美日韩在线 | 三级毛片在线免费观看 | 美国美女一级毛片免费全 | 中文字幕一区二区三区久久网站 | 国产精品午夜波多野结衣性色 | 欧美成人免费全部色播 | 欧美性色欧美a在线播放 | 在线观看日本免费视频大片一区 | 欧美另类视频在线 | 亚洲日本高清成人aⅴ片 | 午夜精品视频在线观看美女 | 国产99久久久久久免费看 |