On the 27th, the Ministry of Industry and Information Technology stated that there are nine implementation rules to be formulated for the “Adjustment and Revitalization Plan for the Equipment Manufacturing Industryâ€. Currently, five detailed rules have been issued, and four implementation rules will be introduced before the end of the year.
According to the Securities Daily report: On the 27th, the Director of the Equipment Industry Division of the Ministry of Industry and Information Technology, Zhang Xiangmu, stated at the press conference on the operation of the industrial economy in the third quarter that there are nine implementation rules to be formulated for the "Equipment Manufacturing Industry Adjustment and Revitalization Plan." Five rules have been issued so far. There are four other implementation rules that will be introduced before the end of the year.
According to reports, the implementation details that have already been issued include five policies including the transformation of value-added tax, the implementation of special technological innovations, subsidies for the purchase of farm machinery, the increase of export tax rebates for certain products, and the adjustment of preferential taxation policies for imported key components and raw materials. The four implementation rules that have yet to be promulgated must be speeded up to ensure that they are all issued before the end of the year; the policies and measures that have been issued must be closely followed up and evaluated, and the results should be adjusted and supplemented in a timely manner; at the same time, according to changes in domestic and international economic conditions and the needs of industrial development , to strengthen the research and formulation of reserve policies in a timely manner.
The data shows that in the first three quarters of this year, the value-added of the equipment industry above designated size increased by 11.2% year-on-year, of which, in July, August and September, it increased by 15.9%, 16.1%, and 16.8%, respectively. From January to August, the total profits of the equipment industry increased by 8.06% year-on-year. Among them, January-February dropped 24.32% year-on-year, and January-May decreased 6.31% year-on-year.
The equipment manufacturing industry, also known as the equipment industry, mainly refers to the manufacturing of capital goods. It is the general name for the industry that manufactures various kinds of technical equipment to meet the needs of various sectors of the national economy and the needs of national security. In accordance with the national economic industry classification, its product range includes investment-type manufactured goods in the machinery, electronics and weapons industries, belonging to the metal products industry, general equipment manufacturing industry, special equipment manufacturing industry, transportation and transportation equipment manufacturing industry, electrical equipment and equipment. Manufacturing, electronic and communications equipment manufacturing, instrumentation and cultural office equipment manufacturing industry has seven major categories of 185 subcategories.
In mid-May of this year, China issued a detailed plan for the adjustment and revitalization of the equipment manufacturing industry. At that time, people in the industry believed that the high-speed growth momentum of China's equipment manufacturing industry for many years had slowed down significantly. This is a good opportunity for China's equipment manufacturing industry to upgrade its industry and change its growth mode.
The increase in investment is the key to our country’s current round of economic crisis can quickly get out of the bottom. In August of this year, the growth rate of China's fixed asset investment further accelerated, and real estate investment gradually rose. The manufacturing purchasing managers' index (PMI) was 54.0, up 0.7% from the previous month; the industrial added value above designated size was up 12.3% year-on-year, faster than in July. 1.5%, accelerating over the past four consecutive months. These indicators show that China's macroeconomic recovery continues.
According to the data of the past four months, the overall ring-back trend of the machinery industry has been established: From January to August 2009, the total industrial output value of the machinery industry in the industry increased by 9.7% year-on-year, 1.4% higher than that in the first seven months of the year. The growth rate of the industry has accelerated.
The impact of the financial crisis on China’s real economy was fully demonstrated in the fourth quarter of 2008. As the current economy continues to recover and the industry’s profitability improves, the year-on-year growth in the fourth quarter of 2009 is basically determined. In addition, the speculation on various topics such as infrastructure investment at the beginning of the year has basically stopped, and the market focus has returned to fundamentals. The growth in performance is the “kingdomâ€. Although the recovery trend of the industry is basically confirmed, the foundation is not solid. Qilu Securities recommends that investors: light industry, preferred stocks, especially to grasp the clear performance growth stocks.
In response to the impact of the financial crisis on China's economy, the state has introduced various measures to stimulate economic growth, including the generous investment of 4 trillion, as the construction machinery industry directly related to the infrastructure is the project earlier and faster benefit One of the industries. China's modernization, industrialization, and urbanization will maintain rapid growth for a long period to come. This is the main factor for stabilizing and driving the market demand for construction machinery in China.
Qilu Securities believes that investment in construction machinery industry can be grasped from the following two main lines: First, due to the country’s 4 trillion investment, some types of construction machinery industry (rotary drilling rigs, truck cranes, road rollers, etc.) perform relatively well The high growth of these varieties in 2009 is also a foregone conclusion. The growth of the performance of related companies (Zhonglian, Xugong and Sany) can clearly be a focus of attention.
Secondly, under the drive of private investment such as real estate, excavators, loaders and other varieties have shown a trend of recovery. This has led to the recovery of related listed companies (Sany, Liugong) can focus on.
Up to now, there are obvious signs of domestic macroeconomic recovery, but this is mainly driven by government investment. If there is no good continuation of future investment, the macro economy may have some twists and turns, which will inevitably affect the related companies in the machinery industry. Performance. However, the export market has still not seen improvement. In the future, the global economy will continue to bottom out, or the continued weakness of exports will seriously affect the pace of recovery of the machinery industry. Global outbreak of crisis, international trade protectionism has begun to rise, China is expected to take the lead out of the "muddy" of the crisis is easy to become the target of publicity, which may give domestic manufacturers export risks.
According to the Securities Daily report: On the 27th, the Director of the Equipment Industry Division of the Ministry of Industry and Information Technology, Zhang Xiangmu, stated at the press conference on the operation of the industrial economy in the third quarter that there are nine implementation rules to be formulated for the "Equipment Manufacturing Industry Adjustment and Revitalization Plan." Five rules have been issued so far. There are four other implementation rules that will be introduced before the end of the year.
According to reports, the implementation details that have already been issued include five policies including the transformation of value-added tax, the implementation of special technological innovations, subsidies for the purchase of farm machinery, the increase of export tax rebates for certain products, and the adjustment of preferential taxation policies for imported key components and raw materials. The four implementation rules that have yet to be promulgated must be speeded up to ensure that they are all issued before the end of the year; the policies and measures that have been issued must be closely followed up and evaluated, and the results should be adjusted and supplemented in a timely manner; at the same time, according to changes in domestic and international economic conditions and the needs of industrial development , to strengthen the research and formulation of reserve policies in a timely manner.
The data shows that in the first three quarters of this year, the value-added of the equipment industry above designated size increased by 11.2% year-on-year, of which, in July, August and September, it increased by 15.9%, 16.1%, and 16.8%, respectively. From January to August, the total profits of the equipment industry increased by 8.06% year-on-year. Among them, January-February dropped 24.32% year-on-year, and January-May decreased 6.31% year-on-year.
The equipment manufacturing industry, also known as the equipment industry, mainly refers to the manufacturing of capital goods. It is the general name for the industry that manufactures various kinds of technical equipment to meet the needs of various sectors of the national economy and the needs of national security. In accordance with the national economic industry classification, its product range includes investment-type manufactured goods in the machinery, electronics and weapons industries, belonging to the metal products industry, general equipment manufacturing industry, special equipment manufacturing industry, transportation and transportation equipment manufacturing industry, electrical equipment and equipment. Manufacturing, electronic and communications equipment manufacturing, instrumentation and cultural office equipment manufacturing industry has seven major categories of 185 subcategories.
In mid-May of this year, China issued a detailed plan for the adjustment and revitalization of the equipment manufacturing industry. At that time, people in the industry believed that the high-speed growth momentum of China's equipment manufacturing industry for many years had slowed down significantly. This is a good opportunity for China's equipment manufacturing industry to upgrade its industry and change its growth mode.
The increase in investment is the key to our country’s current round of economic crisis can quickly get out of the bottom. In August of this year, the growth rate of China's fixed asset investment further accelerated, and real estate investment gradually rose. The manufacturing purchasing managers' index (PMI) was 54.0, up 0.7% from the previous month; the industrial added value above designated size was up 12.3% year-on-year, faster than in July. 1.5%, accelerating over the past four consecutive months. These indicators show that China's macroeconomic recovery continues.
According to the data of the past four months, the overall ring-back trend of the machinery industry has been established: From January to August 2009, the total industrial output value of the machinery industry in the industry increased by 9.7% year-on-year, 1.4% higher than that in the first seven months of the year. The growth rate of the industry has accelerated.
The impact of the financial crisis on China’s real economy was fully demonstrated in the fourth quarter of 2008. As the current economy continues to recover and the industry’s profitability improves, the year-on-year growth in the fourth quarter of 2009 is basically determined. In addition, the speculation on various topics such as infrastructure investment at the beginning of the year has basically stopped, and the market focus has returned to fundamentals. The growth in performance is the “kingdomâ€. Although the recovery trend of the industry is basically confirmed, the foundation is not solid. Qilu Securities recommends that investors: light industry, preferred stocks, especially to grasp the clear performance growth stocks.
In response to the impact of the financial crisis on China's economy, the state has introduced various measures to stimulate economic growth, including the generous investment of 4 trillion, as the construction machinery industry directly related to the infrastructure is the project earlier and faster benefit One of the industries. China's modernization, industrialization, and urbanization will maintain rapid growth for a long period to come. This is the main factor for stabilizing and driving the market demand for construction machinery in China.
Qilu Securities believes that investment in construction machinery industry can be grasped from the following two main lines: First, due to the country’s 4 trillion investment, some types of construction machinery industry (rotary drilling rigs, truck cranes, road rollers, etc.) perform relatively well The high growth of these varieties in 2009 is also a foregone conclusion. The growth of the performance of related companies (Zhonglian, Xugong and Sany) can clearly be a focus of attention.
Secondly, under the drive of private investment such as real estate, excavators, loaders and other varieties have shown a trend of recovery. This has led to the recovery of related listed companies (Sany, Liugong) can focus on.
Up to now, there are obvious signs of domestic macroeconomic recovery, but this is mainly driven by government investment. If there is no good continuation of future investment, the macro economy may have some twists and turns, which will inevitably affect the related companies in the machinery industry. Performance. However, the export market has still not seen improvement. In the future, the global economy will continue to bottom out, or the continued weakness of exports will seriously affect the pace of recovery of the machinery industry. Global outbreak of crisis, international trade protectionism has begun to rise, China is expected to take the lead out of the "muddy" of the crisis is easy to become the target of publicity, which may give domestic manufacturers export risks.