Forecast on Trends of China's Engineering Machinery 2010-2015
Release date:2014-9-26 Browse the number:1807
Forecast on Trends of China's Engineering Machinery 2010-2015
In the first half of 2010, China’s engineering machinery industry saw a blowout growth. Many leading enterprises achieved 100% growth rate in both sales income and profit growth. At the time of cheering for excellent achievements in 2010, more concern should turn to the trends of future development of this industry.
It is anticipated that the industrial sales income will reach 400 billion yuan in 2010 with a growth rate more than 25%, and exceed 870 billion yuan with an average growth rate of over 17%. The whole market will be promising and the growth rate twice of GDP. The industry will welcome a real developing peak in the coming five years. The broad prospect of the industry is not merely embodied on quantity but also reflected in diversity of profit channels. Especially the development of the after-market will attract increasing participants. To create value and obtain profits in service might be the new way ahead of enterprises in this industry.
