日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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: 在线网站你懂得 | 男人的天堂2019 | 国产精品手机在线观看 | 在线国产一区二区三区 | 亚洲欧美乱综合图片区小说区 | 日日操影院| 九热在线 | 色撸撸在线 | 国产探花一区二区 | 日本理论中文字幕 | 91社在线 | 一区二区三区蜜桃 | 成人超碰在线 | 一道本久久 | 国产精品久久久一区 | 王语嫣跪趴高撅翘臀含白浆 | 七七88色| 色网站在线观看 | 免费视频成人 | 国产原创在线播放 | 天堂久久久久 | 精品一区二区三区四区 | 亚洲图片欧美激情 | wwwxxx日韩 | h成人在线 | 色人人 | 一区二区三区在线观看 | 日韩精品久久久久久免费 | 什么网站可以看毛片 | 香蕉视频在线免费看 | 快灬快灬一下爽蜜桃在线观看 | 91手机在线 | 日本三级视频在线播放 | 北条麻妃一区二区三区 | 日韩三级在线观看视频 | 九九热精品视频在线播放 | 中字av在线 | 九九久久视频 | 九九热伊人 | 日韩一区在线视频 | 美女中文字幕 |