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

Falling costs lift machinery firms

By Du Juan (China Daily) Updated: 2014-08-06 07:18

First half profits increase 19.6% on stronger economy, lower prices

The machinery industry's first-half profits jumped 19.6 percent year-on-year to 715.3 billion yuan ($115.8 billion) as the economy improved, costs fell and companies upgraded their products, the

Falling costs lift machinery firms
US ruling an 'early victory' for Sany 
Falling costs lift machinery firms
China Machinery Industry Federation said on Tuesday.

The growth rate was 7 percentage points higher than a year earlier.

Chen Bin, executive vice-president of the federation, forecast that industry profits will grow 15 percent this year.

He said machinery products connected with consumption and environmental protection - industries that the government is encouraging - had strong output growth. Those items included wind power facilities, combustion engines and environmental protection equipment.

"Products related to the real estate, steel and coal industries still encountered gloomy market conditions," Chen said.

But tough times in the coal industry helped as well. Energy costs and raw material costs were subdued in the first six months, which helped manufacturers' bottom lines, he said.

For example, coal price was 500 yuan a metric ton in late July, down 140 yuan from Jan 1, according to figures from Qinhuangdao port in Hebei province, a major coal port in northern China.

Cai Weici, vice-chairman of the machinery federation, said that beyond lower costs, companies' restructuring and product upgrading were major drivers in their profit growth.

"Many machinery manufacturers have upgraded their products in response to market demand, which helped them achieve better performances in terms of revenue and profit," said Cai. "China's machinery exports are shifting to high-end products, too."

Exports stood at $191.7 billion in the first half, up 7.2 percent year-on-year. The growth rate was 6 percentage points higher than in the same period last year, according to the federation.

Machinery imports totaled $155.9 billion for the first half, up 11 percent year-on-year.

Chen forecast 8 percent growth in exports for the whole year.

"The broad economy is warming up, which will provide a better market for the machinery industry in the second half. Many domestic companies are shifting their focus to innovation of high-end products and services, which will contribute to stable export growth," he said.

The industry's first-half revenue rose 11.5 percent to 10.4 trillion yuan. Chen forecast revenues will grow 12 percent for the whole year.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 色播亚洲 | 第一色综合| 日韩美女视频网站 | 一级片免费视频 | 国产免费网址 | 在线观看一区二区三区视频 | 婷婷爱五月| 亚洲最大视频网站 | 久久久久久不卡 | 国产一区二区三区四区在线观看 | 色综合天天网 | 国产午夜精品久久久久 | 中文字幕第5页 | 国产精品揄拍500视频 | av免费入口 | 日韩aaa | 8x国产一区二区三区精品推荐 | 亚洲欧美国产一区二区三区 | h片在线观看| 日韩一级大片 | 免费一级全黄少妇性色生活片 | 深夜福利在线播放 | 亚洲爱爱爱 | 波多野结衣在线观看一区 | 91精品国产综合久久久蜜臀粉嫩 | 超碰在线91 | 中文字幕资源在线 | 最近日韩中文字幕中文 | 欧美a一级 | 在线观看精品视频 | 免费观看黄色小视频 | 偷拍超碰| 午夜影院黄色 | 亚洲h视频在线观看 | 日日摸日日操 | 日韩精品免费 | 欧美一级录像 | 久草福利在线视频 | 日韩久久久久久久 | 一级片毛片| 日韩 欧美 综合 |