In the second quarter of the China Industrial Equipment Manufacturing Industry Climate Index, the economic output index of the equipment manufacturing industry in the second quarter of 2010 was 100.8 points, up 0.9 points from the previous quarter, and has risen for the fourth consecutive quarter. The 23 key projects newly started in the development of the western region will be launched, or the prosperity index of the power equipment manufacturing industry will continue to improve.
The Economic Daily's China Economics Industry Index Index Research Center and the National Bureau of Statistics China Economic Climate Monitoring Center jointly issued the report here on the 19th. Pan Jiancheng, deputy director of the China National Economic Statistics Monitoring Center of the National Bureau of Statistics, said that the equipment manufacturing prosperity index has basically recovered to the level of growth before the international financial crisis. It is related to the petrochemical industry, textiles, steel, coal, cement, home appliances, dairy products and other industries. Both showed a moderate upward trend, indicating that these industries have overcome the impact of the global financial crisis.
The early warning index of the equipment manufacturing industry was 116.7 points, an increase of 10 points from the previous quarter, close to the "yellow light district" and "green light district" critical line. The rise in the prosperity index and the early warning index shows that the boom in the equipment manufacturing industry has continued to rise steadily.
According to the report, the rise in the equipment manufacturing industry in the second quarter was mainly due to the growth of production and sales of enterprises, the rapid growth of corporate profits and the improvement of profit margins, the rapid growth of corporate profits and taxes, the improvement of investor confidence, and the gradual recovery of export demand.
At the same time, the index analysis believes that the energy conservation and emission reduction and elimination of backward production capacity during the “Eleventh Five-Year Plan†period will enter a crucial stage, and the demand for energy-efficient and efficient equipment products will further increase. In addition, the 23 key projects newly started in the development of the western region, the new round of rural power grid upgrading and reconstruction projects, and the newly added railway construction projects will all have an obvious pull on the industry.
Experts also suggested that enterprises should do a good job in product structure adjustment and accelerate the pace of independent innovation. Pan Jiancheng believes that in the process of development, enterprises should pay attention to the changes in the domestic and international market situation and the implementation of industrial policies that shrink the excess capacity of downstream industries. New investment should be avoided in automobile manufacturing, wind power equipment, large and heavy-duty special equipment, etc. There is a new surplus in the field.
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