In 2010, the total industrial output value of the whole industry exceeded 500 billion yuan for the first time, which is a foregone conclusion. The growth rate is expected to reach 35%, and the profit level will increase by more than 50%.
According to industry insiders, although the machine tool industry has achieved more-than-expected growth, the shortage of high-end products has become very prominent.
At present, the economic operation data of the machine tool industry for the whole year has not been officially released. However, the Machine Tool Industry Association expects that the total industrial output value will be 530 billion yuan in 2010, with a growth rate of between 33% and 35%.
At the beginning of last year, the market's expected growth rate for the machine tool industry was only 10% to 15%.
People in the Machine Tool Industry Association believe that the so-called spurt growth in the first five months of 2010 is the main reason for the unexpected increase in annual growth. At that time, the demand for energy accumulated by the shrinking market since the financial crisis was concentrated and “releasedâ€; at the same time, the country’s 4 trillion investment project also drove the sharp enlargement of machine tool demand.
Despite the “blowout†of production and sales in the first half of the year, the deep-seated problems that have emerged at the same time need to be resolved.
From the data point of view, the output growth in the first eight months of last year was more than 60%, exceeding the ratio of output value to sales growth, indicating that the price of a single machine tool in the market has declined.
From the point of view of corporate profitability, the growth rate of the whole industry's profit level in 2010 is nearly twice the increase in output value. People in the association said, "This situation does not rule out the factors that improve the management level of the company. But it is not difficult to see that low-end products make money than high-end products."
According to industry insiders, although the machine tool industry has achieved more-than-expected growth, the shortage of high-end products has become very prominent.
At present, the economic operation data of the machine tool industry for the whole year has not been officially released. However, the Machine Tool Industry Association expects that the total industrial output value will be 530 billion yuan in 2010, with a growth rate of between 33% and 35%.
At the beginning of last year, the market's expected growth rate for the machine tool industry was only 10% to 15%.
People in the Machine Tool Industry Association believe that the so-called spurt growth in the first five months of 2010 is the main reason for the unexpected increase in annual growth. At that time, the demand for energy accumulated by the shrinking market since the financial crisis was concentrated and “releasedâ€; at the same time, the country’s 4 trillion investment project also drove the sharp enlargement of machine tool demand.
Despite the “blowout†of production and sales in the first half of the year, the deep-seated problems that have emerged at the same time need to be resolved.
From the data point of view, the output growth in the first eight months of last year was more than 60%, exceeding the ratio of output value to sales growth, indicating that the price of a single machine tool in the market has declined.
From the point of view of corporate profitability, the growth rate of the whole industry's profit level in 2010 is nearly twice the increase in output value. People in the association said, "This situation does not rule out the factors that improve the management level of the company. But it is not difficult to see that low-end products make money than high-end products."
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