Accelerate the growth of the first half of Machinery Industry

The first half of 2007, China's macroeconomic continue to maintain rapid growth in the first quarter of China's GDP grew 11.1 percent, an acceleration of growth rate of 0.7 percent growth in fixed asset investment of 23.7%, down four percentage points year-on-year industrial growth in corporate profits 43.8 percent, up 22 percent year-on-year growth in industrial added value 18.3 percent, an acceleration of 1.6 percentage points. At the macroeconomic context of rapid growth, as a manufacturing base in the equipment industry, machinery industry in the first half has continued over the past few years the economy of the higher.

In the first quarter of this year, our country mechanical profession gross value of industrial output grows 31.94% compared to the same period, the increased range raises 2.7 percentage points compared to the same period; The sales revenue grows 31.15% compared to the same period, raises 1.89 percentage points compared to the same period; The export delivery value 227,313,000,000 Yuan, grow 34.7%, raises 11.61 percentage points; Profit increased range also above 40%.

In the mechanical profession several stature professions, produces in the first quarter completely by two figure swift growths, the engineering machinery, the petrochemical are general, the engine bed, the electrician electric appliance, the foundation output value increased range surpasses 30%, and is higher than the profession average level, has demonstrated the strong rising trend. Compares same time with 2006, what in 2007 the speed-up enhances in the first quarter is quick is the petrochemical is general and the foundation profession, enhanced 6.77 and 6.71 percentage points separately compared to last year. Moreover, what the speed-up recedes is quite big is the farm machinery profession, recedes 18.01 percentage points, indicated that farm machinery profession grows this year slows down obviously.