In 2012, the gross output value of machinery industry increased by 11%

In 2012, the total output value of Fujian's machinery industry is expected to grow by about 11%, and exports are expected to increase by about 6.5%, which has achieved good results. This is what the reporter learned from the matchmaking meeting of the Yugang equipment manufacturing industry project recently held.

According to reports, due to the impact of international and domestic macroeconomic conditions, almost all mechanical products are facing excess production capacity. The six major economic indicators of industrial added value, total output value, profits, exports, product output, and fixed asset investment have all declined. However, machinery industry enterprises have achieved remarkable results with innovation as the driving force. According to experts of the China Machinery Industry Federation, the growth rate of production and sales in 2012 will increase by about 14% year-on-year, the profit growth rate will reach about 5%, and the export growth rate will be around 10%.

The effect of steady growth measures adopted by the country on the machinery industry in Fujian Province has already begun to show. According to statistics, the total output value of Fujian's machinery industry in 2012 is expected to increase by about 11% to 490 billion yuan. Exports are expected to grow by about 6.5% to reach 100 billion yuan.