The growth rate of the machinery industry continues to be high

In 2017, the added value of the mechanical industry in 1~11 month increased by 10.8% year on year, higher than the growth rate of mechanical industry (9.6%) of 1.2 percentage points in the same period of the previous year. It continued to be higher than the national industry (6.6%) and manufacturing (7.2%) 4.3 and 3.6 percentage points, obviously better than expected at the beginning of the year.
In recent years, the decline of investment in machinery industry has led to a continuous downturn in mechanical industry investment related products. In 2017, it was driven by the demand for industrial replenishment, the structural reform of the supply side, the accelerated conversion of new and old kinetic energy, and the promotion of the machinery industry products in the consumption category since 2017. Products continued to grow while investment products rebounded significantly.
CITICIC is mainly engaged in the designing and manufacturing of large machinery components and non-standard machinery parts,including shafts,gears sprockets,sheaves,couplings,bearing supports,castings and forgings etc.the products are mainly used in the fields of mining,petroleum,cement,steel mill,power plant,sugar factory etc.the material of products can reach more than one hundred types,which can meet different national standards.

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Post time: Dec-20-2017
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