Machinery and equipment industry is still the basis and pillar industry in national economy. Equipment industry is inseparable from economic restructuring, and will also spawned a new industry requirements. In the steady and fast economic growth and transformation of context, we continue to favor long-term development prospects of the industry, and more optimistic about the benefit from "upgrading of industrial structure, regional restructuring and accelerate the development of tertiary industry," the policy direction of the relevant sub-sectors, such as high-end equipment, energy saving and new energy equipment, construction machinery equipment and people's livelihood and so on.
High-growth is a foregone conclusion that next year growth will normally fall. China's machinery industry as a whole in 2010 is running strong trend is expected to more than 30% year of high growth is a foregone conclusion. Macroeconomic stability in the domestic and global economy continues to rebound under the premise of the machinery industry in 2011 is expected to continue steady growth, but considering the high base factors, is expected next year, the industry growth rate in 20 years, a 25% drop compared with the normal 10 years. Faster growth rate is expected to sub-industries, including railroad equipment, energy saving and new energy equipment, engineering machinery.
Construction machinery and heavy mining machinery: Urbanization is still the main driving force. GDP8% in 2011 to maintain the growth rate of fixed assets to the national economy can not be less than 45% contribution rate, the speed of the fixed asset investment will continue to maintain growth rate of over 20%. This means that the investment in infrastructure, real estate investment as the main content of urbanization is still pulling the main driver of growth in the machinery industry.
Precision Manufacturing: supporting high-end equipment manufacturing industry. Precision manufacturing, including precision sheet metal, precision casting and precision plastic components and other industries, including upstream and downstream sectors in the communications, electronics, automotive and new energy industries, the future growth potential of 5-10 years. Precision manufacturing of precision metal manufacturing industry has developed rapidly in recent years. Precision metal manufacturing shift to China is still in the rapid growth in the next 5-10 years, the industry is expected to produce large amounts of high-growth public companies.
High-end equipment manufacturing industry: benefits and policy support for industrial upgrading. The State Council has identified seven areas of strategic industries and emerging industries, including manufacturing equipment in both areas, a high-end equipment manufacturing industry, a new energy vehicles. High-end equipment manufacturing industry can be broken down into several directions. High-end smart equipment manufacturing; aviation equipment manufacturing; aerospace equipment manufacturing; marine engineering equipment manufacturing industry; high-speed rail and rail transportation equipment manufacturing industry. The most notable in the field of railway equipment and marine engineering equipment manufacturing industry.
Energy conservation: energy-saving equipment applications will grow rapidly. According to "State Council on further intensify its efforts to ensure the realization of" five "emission reduction targets," which China will ensure the "Eleventh Five-Year" energy consumption per unit GDP by 20% of the target and to the 2020 carbon dioxide emissions per unit of GDP in 2005 decreased by 40% to 45% target. Resource constraints, the Government's strong monitoring and trade barriers in developed countries will promote energy conservation technology and equipment applications. The original cost because of pollution and energy, enterprise lack of motivation to implement emission reduction projects, but with the state financial support for energy saving and emission reduction targets for the mandatory energy efficiency measures, energy-saving equipment will be large-scale application, we determine the 2011 application of energy saving equipment will appear in rapid growth.