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China's Industrial Machinery Is Growing Faster

Jul. 19, 2018

Since the "Twelfth Five-Year Plan", China's belt slitting machine factory has entered a medium-speed development channel of 12% to 15%. In the process, some elements of the Chinese machinery industry have also undergone serious changes.

The capital contribution and export were originally the two biggest driving factors for the machinery industry in China in the past 30 years, especially in the past ten years. The annual growth rate of the first ten years of investment is about 40%, 50%, and some annual growth rate is even nearly 60%. In the past ten years, the average growth rate of mechanical and electrical goods exports is around 15%.

In addition, the second major change in China's machinery industry is that the market needs to change. At that time, whether it was steel, non-ferrous or vessels, it was still a light industry occupation. In the process of transformation and promotion, higher requirements were placed on the quality, reliability and stability of the equipment. That is to say, the level of equipment needs was raised.

Belt cutting machine,the final trend of the Chinese machinery industry is that the need for complete sets of equipment or the need for solutions is increasing significantly. In the early years, China's belt slitting machine profession was mainly based on selling goods. Nowadays, it has been transforming into goods, and the service includes complete sets of equipment, automated production lines, solutions, etc. This is a very big change.

Belt cutting machine

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