Machinery Production in China up 7 Percent

Resource from: CBCC Likes:2905

Jul 29,2009

The machinery industry in China grew more than 7 percent in the first six months of 2009, the China Machinery Industry Federation said Tuesday. The growth rate, while enviable for many countries, was the slowest in China for the past seven years. The industry experienced a sharp recovery, having contracted 2.9 percent in January and February, Xinhua reported. In June, the industry clocked a growth rate of 11.65 percent compared to a year ago, the Federation said. Federation Chairman Cai Weici said China's fiscal stimulus spending would add to growth this year in spite of softening foreign demand. In the first half of the year, Chinese machinery exports fell 24.11 percent to $89.15 billion.

()

【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 Siemens Fans Mainly Order ZWZ Bearings
Next Three Bearings Distributors in Tengzhou Set up Counterfeit LYC Exclusive Shops

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.