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Chinas machinery industry growth rate will reach 10% in 2014

2014-03-10

Into the "twelfth five-year" since the mechanical industrial operation difficulty increased obviously, the pressure of the transformation of the mode of growth sharply increased, 2013 still full of difficulties; But in the role of the market reversed transmission mechanism, transformation and upgrading of industry structure adjustment and the increasingly accelerated; After efforts, in 2013 industrial machinery slow rebound, moderate growth and steady development; Looking ahead to 2014, the industry is expected to continue to maintain steady development trend.

Look from economic growth cycle, "to stock" in our country in recent years has the obvious progress, but the task of "capacity, bubble" is far from complete, and still have a lot of pressure to return to normal development. "From this perspective, expectations of economic growth rebounded shoulds not be too high now. 2014 machinery industrial production growth rate will be between 10% to 15%, the profit growth is expected to around 10%. Market participants believe that industry in 2014 will still give priority to with structural investment opportunities. The casting net experts predict mechanical industry in 2014 is expected to continue to maintain relatively stable growth, production and sales growth between 10% to 15%, is expected to profit growth at around 10%, export growth is estimated at between 5% and 10%.

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