- Trend Analysis of Economic Operation of Machinery Industry.
Vice President of China Machinery Industry Federation Cai Wei-Tze.
2008 the first 10 months, mechanical industrial economy totaled 7.48 trillion yuan of industrial output value, an increase of 26.52%; the 109 kinds of main products,glue stick production increased to 87 species, 80% had double-digit growth 56 species, 51%, a decrease of 22 species, 20%, in October 2008 when the monthly year on year reduction of 50 species, 46%, the proportion of significantly rare in recent years,glue gun indicating that sustained high growth situation has been reversed. 1 September 2008, total export 184.1 billion U.S. dollars, an increase of 32.85%; 1 August total profit of 340 billion yuan, an increase of 27.51%; the first half of the laid a good foundation, it is expected that annual sales could be to achieve 20% growth.
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