Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Industry insider: Chinese machinery industry to slow down in 2009
+ -
11:31, February 14, 2009

Click the "PLAY" button and listen. Do you like the online audio service here?
Good, I like it
Just so so
I don't like it
No interest
 Related Channel News
· U.S. financial crisis triggered global turmoil
 Comment  Tell A Friend
 Print Format  Save Article
The growth of Chinese machinery industrial production would slow to 15 percent in 2009, according to an estimate by the China Machinery Industry Federation (CMIF) on Friday.

The value of production has gained 23.43 percent to 9.07 trillion yuan (about 1.3 trillion U.S. dollars) in 2008 despite the impact of natural disasters and global financial crisis, marking the sixth consecutive year of more than 20 percent growth in the industry, said CMIF vice-chairman Cai Weici while reporting the industrial performance in 2008.

For the first 11 months last year, the industry made a profit of 460.5 billion yuan, up 16.42 percent, said Cai. But the fourth quarter, especially December, saw a steep drop in production and exports in the industry.

China's machinery industry is expected to make 10-percent gains in profit and exports in 2009, said Cai.

Source:Xinhua



  Your Message:   Most Commented:
2009 Spring Festival
Why does Israel push for truce in Gaza?
"In Utah, I Get Zero Respect!", Interview with Utah Governor Jon M. Huntsman, Jr.
U.S. Airways jet's engines lost power simultaneously
Sri Lankan troops gain full control of Vishvamadu area, capture rebel base

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90884/6592688.pdf