Steel_Steel products_The price of steel_Langesteel

China's machinery industry posts stable growth in H12025/8/5 8:36:40(Beijing Time) Lange Steel

China's machinery industry maintained steady and positive performance in the first half of the year, reporting stable growth in production and sales, the China Machinery Industry Federation (CMIF) said on Monday.

Data from the CMIF showed that the machinery industry's added value increased by 9 percent year-on-year in the first six months. This growth rate was 2 percentage points higher than that of the manufacturing sector.

Meanwhile, 84 out of the 122 categories of mechanical products monitored by the federation posted an increase in production.

The production and sales of automobiles in H1 grew by 12.5 percent and 11.4 percent year-on-year, respectively, reaching 15.6 million and 15.7 million units.

During the same period, the production of power-generating units surged by 60.5 percent year-on-year. Output of industrial robots grew 35.6 percent year-on-year, and cumulative sales of excavators reached 121,000 units, marking a 16.8 percent year-on-year increase.

According to Xu Niansha, president of the CMIF, strategic opportunities and risks coexist for the sector's development during the second half of the year, with favorable conditions generally outweighing unfavorable factors.

Xu projected that the machinery industry's economic performance will continue to enjoy steady growth in the latter half of the year.

  • Lange Singapore Business Trip ..

    To build The Belt and Road \"iron and steel industry business cooperation platform, Lange steel network organized a series of international busin.....

  • TUBE, WIRE, METAL AND WELDING ..

    TEKNO is a biannual trade show covering the industries of TUBE, WIRE AND CABLE, WELDING AND CUTTING and METAL and is the best professional trade show .....

  • Lange Belt and Road Initiative..

    Lange Belt and Road Initiative Business Trip to Russia will hold on 6-10th June, 2017. At present, countries in Asia and Europe are at a critical s.....

  • 2025 China(Guangzhou)INT&apo..

    Governed By:Ministry of Commerce of the People's Republic of China Department of Foreign TradeApproved By:The Department of Foreign Trade &a..

    2024-07-19
  • 2024 China (Guangzhou) Interna..

    Governed By:Ministry of Commerce of the People's Republic of China Department of Foreign TradeApproved By:The Department of Foreign Trade &a..

    2023-09-14
  • 2023 Guangzhou International M..

    Governed By:Ministry of Commerce of the People's Republic of China Department of Foreign TradeApproved By:The Department of Foreign Trade &a..

    2022-12-22