The first half of this year, Shandong Machinery Industry showing a warming trend
Recently from Shandong Machinery Industry Association, Shandong Province
Machinery Industry presented the first half of the warming trend. The provinces
machinery industry enterprises above designated size 10,317 sales revenue
1.434914 trillion yuan, an increase of 12.74%; sales rate of 98.10 percent, 0.30
percentage points higher than the same period last year, showing an overall
industry-wide sales moderate to good development trend. Completion of exports
12.38 billion US dollars, an increase of 9.25%.
According to reports, the first half of the main indicators of Shandong
Province machinery industrial output, the main business income, total taxes,
total profits, investment and other fixed assets are listed second in various
provinces and municipalities. Among them, the main business income, total
profits and taxes, profit rose three indicators are more than 12%. Machinery
industry 14 sub-sectors, the main business income of 11 sub-sectors over the
Machinery industry exports continued to rise rapidly. 2013 cumulative
increase of 0.44 percent in February this year the cumulative increase of 7.08%,
in May to 8.69%, in June rose to 9.25%.
Fixed asset investment grew rapidly. The provinces machinery industry
investment in fixed assets totaled 230.503 billion yuan, up by 19.41%,
investment ranking second in the country, a total of 3.67 percentage points
higher than the national growth rate.
"Machinery industry rebound is mainly due to the transformation and upgrading
of enterprises in the industry, driven by a positive adjustment of product
structure, the importance of improving product quality, market share has been