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: 日韩一区二区三区在线 | 亚洲3级| 精品国产网 | ffee性xxⅹ另类老妇hd | a毛片a毛片a视频 | 97se亚洲综合在线韩国专区福利 | 亚洲性久久 | 九九久久九九久久 | 亚洲国产91| 韩国理伦一级毛片 | ccyycom草草影院成人91 | 久久久精品在线观看 | 日本三级全黄三级a | 成年网站免费 | 亚洲黄色性视频 | 免费公开视频人人人人人人人 | 日本三级韩国三级在线观看a级 | 日韩视频免费一区二区三区 | 在线视频精品一区 | 最新国产毛片 | 亚洲成人黄色网址 | 国产精品一级视频 | aaa一级毛片免费 | 国产精品自拍亚洲 | 国产欧美综合在线一区二区三区 | 91热播 | 在线视频一区二区三区 | 天天摸天天爽视频69视频 | 亚洲一区浅井舞香在线播放 | 亚洲视频一区在线观看 | 久久不雅视频 | 日本久久草 | 亚洲系列 | 三级黄毛片 | 一级毛片免费观看不卡的 | 欧美5g影院天天爽天天看 | 在线日本看片免费人成视久网 | 中文字幕亚洲精品第一区 | 日韩天天摸天天澡天天爽视频 | 午夜爱爱毛片xxxx视频免费看 | 国产精品免费视频一区一 |