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 sector continues to grow in 2014

(Xinhua) Updated: 2015-02-11 14:31

China's machinery sector continues to grow in 2014

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

BEIJING - China's machinery industry continued to expand in 2014 but at a softer pace due to sluggish domestic demands and piling inventories, new data showed on Wednesday.

The added value of the sector increased 10 percent year on year in the last year, slightly down from 10.9 percent in 2013, data from the China Machinery Industry Federation (CMIF) said.

Chinese machinery enterprises posted combined revenues from main businesses at 22.2 trillion yuan ($3.62 trillion), up 9.4 percent from a year ago. The revenues grew 13.8 percent in 2013.

Aggregate profits gained 10.6 percent year on year in 2014, sharply down from 15.6 percent the previous year, the data showed.

The lackluster performance is attributable to unchanged overcapacity in the domestic market as demand remained sluggish and inventories kept piling up, said Chen Bin, executive vice president of the CMIF.

China's machine industry grew at an annual rate of more than 25 percent in the decade from 2001, when the country's economic engine maintained strong momentum. But the profitable sector has begun to suffer from serious overcapacity since 2011, weighed on by an overall economic slowdown.

However, machinery exports proved surprisingly strong last year, the trade surplus hitting a record high.

Both exports and imports registered more than 8-percent year-on-year growth and the trade surplus extended to $79.1 billion, outpacing the disappointing foreign trade shown by data published by customs authorities on Sunday.

The surplus accounted for over 20 percent of the country's total trade surplus in 2014, the CMIF data showed.

The saturated market at home has compelled manufacturers to increase their presence abroad, a strategy proving to be effective and also an encouraging sign for improving Chinese merchandise, said Cai Weici, senior CMIF consultant.

The surging trade also stemmed from private enterprises which saw a trade surplus of nearly $100 billion, offsetting deficit from foreign-funded companies and dwarfing the small surplus of state-owned enterprises.

Cai said private manufacturers would be a major driving force for the sector in the future.

Nevertheless, Chen Bin?said China's machinery industry, still plagued by overcapacity, will probably continue to slow as downward economic pressures, trade uncertainties and rising costs will remain major challenges.

He said the sector should continue restructuring to ride out the difficulties, citing innovation in high-end equipment especially.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 久久精品香蕉视频 | 日韩欧美中文字幕在线播放 | 99精品视频在线在线视频观看 | 亚洲精品人成在线观看 | 日韩性网站 | 国产丶欧美丶日韩丶不卡影视 | 国产成人亚洲精品久久 | 草久视频在线 | 99久久精品免费精品国产 | 久久国产精品国产精品 | 日本美女黄网站 | 高清国产精品久久久久 | 久99re视频9在线观看 | 精品一区二区三区在线视频 | 国内精品久久久久久中文字幕 | 国产成人精品aaaa视频一区 | 另类专区另类专区亚洲 | 久草视频在线观 | 欧美亚洲一区 | 另类专区国产在线视频 | 毛片免费在线观看网址 | 国产日韩精品一区二区三区 | 一区二区三区四区视频在线观看 | 亚洲午夜久久久久国产 | 欧美日韩 国产区 在线观看 | 久草在线视频资源站 | 91久久亚洲最新一本 | 亚洲精品美女在线观看播放 | 欧美69free性videos | 国产精品成人观看视频网站 | 黄色网址网站 | 国产日产久久高清欧美一区 | 在线免费黄网 | 国产一级精品高清一级毛片 | 97青青草原国产免费观看 | 欧美激情欧美狂野欧美精品免费 | 成人免费网站久久久 | a在线观看欧美在线观看 | 一区二区3区免费视频 | 国产女主播在线 | 成人国产精品一区二区网站 |