Fastener Shanghai
fastener
Official WeChat
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->China's machinery sector stable in H1You are the 682302 visitors
Views:280   |   recommendation:   |   Votes:0   |   Discuss:0
China's machinery sector stable in H1

An employee checks gear products at a machinery company in Yantai, Shandong province. [Photo provided to China Daily]

China's machinery industry maintained steady growth in the first half (H1) of this year despite downward pressure, an industrial association said Thursday.

The industry's revenue amounted to 10.53 trillion yuan (about $1.5 trillion) in H1, up 1.29 percent year on year, while total profits came in at 619.5 billion yuan, down 8.58 percent from a year earlier, according to the China Machinery Industry Federation.

The transition of growth drivers continued in the machinery industry as new energy vehicles registered fast growth in output and sales in H1, surging 48.5 percent and 49.6 percent year-on-year, respectively, the federation noted.

Source: Xinhua

2019/8/9 14:31:00

Previous:    Dongtai Huawei to Showcase Stainless Steel Fasteners at the 19th Fastener Trade Show Suzhou
        Next:    Global Aircraft Fastener Coatings Market is Witness Increasing Growth USD 1,356 Million By 2026

Recent Related News
China's excavator sales expand faster in July--2019-08-14
Machinery sector sees momentum--2019-07-22
China's excavator sales falling in May--2019-06-19
China's mechanical industry to maintain steady growth--2019-02-27
China's excavator sales grow 27.7% in September--2018-10-26
China's excavator sales grow 33% in August--2018-09-10
Japan's core private-sector machinery orders gain 10.1 pct in April--2018-06-13
China excavator sales continue to grow fast--2018-06-12
China's excavator makers see faster sales growth--2018-05-08
China reports strong digging machine sales in Q1--2018-04-14
Rebound puts machinery on a roll--2017-10-17
China's machinery sector improves despite challenges--2017-08-11

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener2fastener

Fastener Trade Show Suzhou



China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•The Fastener Exhibition & Conference, Sep 11-12, 2019, Birmingham, UK

•International Fastener Expo, Sep 17-19, 2019, Las Vegas, USA

•wire & Tube Southeast Asia, Sep 18-20, 2019, Bangkok, Thailand



Show Room



Offer Product

Latest News
• Bossard buys aerospace distribution business

• Nedschroef appoints Dr Matthias Sckuhr as the new CEO

Buyers' Guide
Company News

• Huawei

• Yuxin Fastener System: Dedicated to Becoming the Leading Manufacturer of Anchors in China

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener