Machinery industry performs well in Jan-Feb

The total fulfilled industrial output value of the industry was 660.24 billion yuan (US$82.4 billion) in the first two months of this year, up 29.4% year on year, 8.05 percentage points higher than in thesame period of 2005; and the sales value, 635.152 billion yuan, up 29.42%, 8.09 percentage points higher.

By sector, the top six sectors in terms of production growth were engineering machinery, which grew 47.49%; heavy-duty mining equipment, 34.75%; farm machinery, 34.62%; automaking, 32.69%; instruments and meters, 32.48%; and electrical engineering and appliances, 30.27%.
[Read more]

• Machinery industry sees modest growth (0)
• Packaging machinery sector set to grow (0)
• China Machine Tool Industry Research 2008 (0)