China Machinery Industry Federation predicts that the overall demand for China's machinery industry will remain tight this year, and the development of the entire industry will still maintain a stable main tone.
In the fourth quarter of 2013, the growth rate of China's machinery industry's added value has been higher than the national industrial growth rate for three consecutive months. From January to November, the growth rate of the value added of China's machinery industry was nearly 11%, which was higher than the one hundred points of the national industry, of which nearly 11% was in November and 3.9 percentage points higher than the national industry. In 2013, China's machinery industry maintained steady growth.
The reporter learned from the China Machinery Industry Federation on the 2nd that in 2013, the price index of China's machinery products was still low. From January 2012 to November 2013, the monthly price index and accumulated price index of the machinery industry have been below 100% for 22 consecutive months. In November 2013, the price index of China's machinery industry was 98.8%, which was 0.2% higher than in October; it was 98.6% in the first 11 months of 2013, which was the same as the previous 10 months.
It is worth noting that the growth rate of China's machinery industry import and export is still lower than the national foreign trade. From January to October 2013, the total import and export volume of the machinery industry increased by 1.88% year-on-year, an increase of 0.9 percentage points from the previous nine months. Compared with the national foreign trade, the import and export growth rate of China's machinery industry in the first 10 months was 1.88%, which was lower than the national foreign trade of 5.72%.
Industry analysts believe that this year China will continue to implement a proactive fiscal policy and a prudent monetary policy, and use the reverse mechanism to adjust the industrial structure. Although the operation of China's machinery industry will still face the unfavorable factors of weak domestic and foreign demand, but from the perspective of the continuity and stability of the policy, the economic operation of China's machinery industry this year will still have the basic conditions for maintaining overall stability. At the same time, the in-depth advancement of industrialization, informatization, urbanization, and agricultural modernization will all create new consumption and investment needs, thus further expanding the international and domestic market space.
In the fourth quarter of 2013, the growth rate of China's machinery industry's added value has been higher than the national industrial growth rate for three consecutive months. From January to November, the growth rate of the value added of China's machinery industry was nearly 11%, which was higher than the one hundred points of the national industry, of which nearly 11% was in November and 3.9 percentage points higher than the national industry. In 2013, China's machinery industry maintained steady growth.
The reporter learned from the China Machinery Industry Federation on the 2nd that in 2013, the price index of China's machinery products was still low. From January 2012 to November 2013, the monthly price index and accumulated price index of the machinery industry have been below 100% for 22 consecutive months. In November 2013, the price index of China's machinery industry was 98.8%, which was 0.2% higher than in October; it was 98.6% in the first 11 months of 2013, which was the same as the previous 10 months.
It is worth noting that the growth rate of China's machinery industry import and export is still lower than the national foreign trade. From January to October 2013, the total import and export volume of the machinery industry increased by 1.88% year-on-year, an increase of 0.9 percentage points from the previous nine months. Compared with the national foreign trade, the import and export growth rate of China's machinery industry in the first 10 months was 1.88%, which was lower than the national foreign trade of 5.72%.
Industry analysts believe that this year China will continue to implement a proactive fiscal policy and a prudent monetary policy, and use the reverse mechanism to adjust the industrial structure. Although the operation of China's machinery industry will still face the unfavorable factors of weak domestic and foreign demand, but from the perspective of the continuity and stability of the policy, the economic operation of China's machinery industry this year will still have the basic conditions for maintaining overall stability. At the same time, the in-depth advancement of industrialization, informatization, urbanization, and agricultural modernization will all create new consumption and investment needs, thus further expanding the international and domestic market space.
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