三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Industries

China's machinery trade surplus hits record

By Du Juan (China Daily) Updated: 2015-02-12 07:48

China's machinery trade surplus hits record

Weaving machines developed by a company in Shaoxing, Zhejiang province, on display at an international machinery manufacturing expo in Yiwu. China's machinery sector reported a record trade surplus last year. [Photo provided to China Daily]

Private enterprises look to exports to cope with overcapacity

The machinery sector posted a record trade surplus of $79.1 billion last year, lifted by rapidly growing exports from private manufacturers, a senior official of the China Machinery Industry Federation said on Wednesday.

Facing weak domestic demand amid a slowing economy, private machinery companies looked actively for foreign customers, who bought $148.9 billion worth of products, up 14.35 percent year-on-year, according to data from the federation.

The industry as a whole had exports of $402.3 billion, up 8 percent, while imports rose 8.2 percent to $323.2 billion.

Cai Weici, a senior adviser of the federation, said that given the severe overcapacity in the domestic machinery market, the trade surplus is set to expand in the coming years.

"It also demonstrates that China's equipment products are becoming competitive in the global market," he said.

In recent years, private companies accounted for only about one-third of machinery exports, but the proportion will be more than half very soon, based on current developments, Cai said.

However, Chen Bin, head of the federation, said that although export volumes are expanding, the profitability of those exports are uncertain because many companies are selling abroad at low prices to soak up the output of their excess capacity.

Affected by the country's slowing economic growth, the machinery industry is facing challenges, Chen said.

In 2014, the sector expanded 9.4 percent, generating total revenue of 22.2 trillion yuan ($3.57 trillion), according to the federation. The growth rate was 4.4 percentage points lower than the previous year, Chen said.

The industry had aggregate profits of 1.56 trillion yuan last year, up 10.6 percent, but the gain was 5 percentage points lower than the previous year.

Chen said that profits were affected by declining prices and shrinking demand.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 黑人尻逼 | 欧美 日韩 国产在线 | 亚洲 日本 欧美 中文幕 | 国产精品999视频 | 中国xxxxx高清免费看视频 | 亚洲精品xxxxx | 性欧美视频a毛片在线播放 性欧美视频在线观看 | 亚洲一区二区三区免费在线观看 | 韩国午夜视频 | 婷婷久久综合九色综合九七 | www在线小视频免费 www在线观看免费视频 | 2021成人国产精品 | 久久男人 | 亚洲欧美日韩高清 | 国产成版人视频网站免费下 | 黄色在线免费看 | 欧美日韩亚洲综合久久久 | 日韩精品一区二区三区在线观看 | 日本特黄a级高清免费酷网 日本特黄一级 | 久久精彩视频 | 91拍拍在线观看 | 伊人久久狼人 | 九九热在线视频观看 | 中国一级特黄 | 亚洲性图 | 午夜久久久久久网站 | 日韩一区二区三区不卡视频 | 911香蕉视频| 亚洲综合偷自成人网第页 | 亚洲精品一区二区三区人妖 | 自拍啪啪| 伊人久久视频 | 校园春色国产精品 | 国产麻豆媒一区一区二区三区 | 日本高清在线一区 | 亚洲婷婷在线视频 | 黄色一级性生活视频 | 欧美一级毛片免费看 | 日韩大尺度无遮挡理论片 | 亚洲大尺度在线 | 国产日韩欧美一区二区三区在线 |