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Delivery Value of Machinery Export Rose By 6%

Posted: 08/18/2014 09:08:35   Edited: 08/18/2014 09:08:21  Clicks: 1667
In the first half of 2014, the total delivery value of exports of China's machinery industry rose 6.23%.
It is known from China Machinery Industry Federation that the rise rates of internal combustion engine industry, general petrochemical industry and agricultural industry reached double digits, respectively growing by 15%, 14% and 13%. Only machinery industry, heavy mining industry, and engineering machinery industry are still in negative growth, but the decline rates are slowing down.
In June, the national export value of machinery industry grew by 9%. In the aspect of sub-sectors, each sector has achieved great performance except for construction machinery industry and instrumentation industry, which are still in negative growth. The culture and office machinery industry declined compared with former month. The top seven sectors are food packaging industry, followed by civil, automobile, general petrochemical, agricultural, internal combustion engine and machine parts industry, which are maintained at a double-digit growth.
It was reported that in June 2014, the main products of agricultural machinery industry, construction machinery industry, and cultural office industry presented a relatively large percent of negative growth. The rest industries basically showed varying degrees of growth.
In the first half of 2014, industries that were in positive growth mainly concentrated in internal combustion engine, petrochemicals, heavy mining, machine tools, electrical, packaging, and automotive.
Delivery Value of China Machinery Export Rose By 6%

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