| The Next 10 Years the Market Share Goal Machinery Industry into the World Top
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The Next 10 Years the Market Share Goal Machinery Industry into the World Top

The Next 10 Years the Market Share Goal Machinery Industry into the World Top

Around this goal, China Machinery Industry Federation, the first results of the past decade were conscientiously sum up the development and recognition. China Machinery Industry Federation, said Wang Ruixiang, 10 years, the machinery industry enterprises above designated size increased from 340millon to more than 1700 million; asset size increased from two trillion rmb to 100,000 billion. Machinery industry output, value added and profits are about 10 times in 2000. 2010’s old and on a new level of growth are three trillion rmb, achieving sales are more than 14 trillion rmb, to further consolidate the position of the world’s machinery manufacturing country. Currently, our equipment self-sufficiency rate has reached 85% of the total national industrial added value of the contribution rate of 22.3%. Power generation equipment, automobiles, large tractors and a large number of major products leapt to the world, UHV AC and DC power transmission equipment, megaton direct coal liquefaction plant critical equipment, large slurry shield machine and other high-end equipment to reach the world advanced level.


The next few years, packaging equipment in developing countries and regions will outsell the developed countries and regions (such as Japan, the United States and Western Europe) sales. And the largest developing country – China, the demand for packaging equipment by 2012 is more than 3.3 billion U.S. dollars, surpassing the U.S. as the world’s largest market. In India and Russia, as well as in low-volume markets such as Ukraine, Iran, Indonesia, Malaysia, Saudi Arabia, Mexico, South Africa and Turkey, the packaging equipment market demand has some upside.

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