China's Gross Value for Machine Tool Industry Set to Reach RMB200 Billion in 2007

Resource from: CBCC Likes:2934

Nov 15,2007

China's Gross Value for Machine Tool Industry Set to Reach RMB200 Billion in 2007 Following a strong market demand, the Chinese machine tool industry is running at a fast pace. With reference to information given out in a recent committee meeting of China Machine Tool & Tool Builders' Association (CMTBA), local media reports that in the first eight months of the year, the industry registered a gross industrial value of RMB167.03 billion, an increase of 33.3% from a year ago. Sales income was RMB160.18 billion, up 34.7% year-on-year. In this occasion, President and CEO of CMTBA, Wu Bailin, also revealed the Chinese machine tool industry has becoming more innovative now, in addition to a rise in the proportion that CNC machine tools occupy in the gross value for the machine tool industry. Experts expect that for the whole year 2007, the gross value for the Chinese machine tool industry will reach RMB200 billion, together with a CNC machine tool output of more than 100,000 units.

()

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous Hebei Rolling Bearing Supervision and Inspection Station Established in Linxi County
Next C&U Group Participated in AAPEX 2007

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.