The hottest investment drives the high growth of c

2022-08-16
  • Detail

Investment drives the high growth of construction machinery industry

since 2003, the construction machinery industry has maintained a high growth. According to the statistics of the National Bureau of statistics, in the first quarter of 2004, 378 major enterprises in the machinery industry achieved a sales revenue of 15.581 billion yuan, a year-on-year increase of 58.92%; The total profit was 1.055 billion yuan, a year-on-year increase of 69.03%

according to relevant experts, the high growth of the construction machinery industry is mainly driven by investment. From January to March 2004, GDP increased by 9.7%, and the completion of fixed asset investment increased by 43%, 16.3 percentage points higher than that of the previous year. The technical requirements are not very high, and the growth rate exceeds market expectations. The high growth of domestic infrastructure investment has effectively driven the rapid growth of the construction machinery industry. These investments include investments in a series of national key projects such as the transmission of electricity from the west to the East, the transmission of natural gas from the west to the East, the Qinghai Tibet railway, as well as large-scale urbanization construction, real estate investment, road and railway construction of public analytical instruments, experimental machines, optical instruments, surveying and mapping instruments, and other large-scale private investment

in addition to being driven by investment, the rapid growth of the industry is also closely related to factors such as the change of sales mode, the change of construction mode, and the replacement of labor by equipment

Copyright © 2011 JIN SHI