China's machinery manufacturing industry a huge space for dev

Machinery industry is a large gold mine to be excavated, the next ten years, very substantial. Machinery industry is China's largest industrial sector, industrial output value of the new century from 2000 to 1.44 trillion yuan to 14.38 trillion yuan in 2010, an average annual growth rate of up to 25% or more, the overall size has been ranked first in the world one.
    The plan, "five-second" period machinery industry to remain stable and healthy development, industrial output value, industrial added value, the main business income of an average annual growth rate remained at about 12%, growth of high-end equipment than the industry average growth rate more than doubled. We believe that China's current industrialization in the latter part of the fixed assets investment will maintain a rapid growth in market demand, the machinery industry are gradually "from big to strong," forward, the next five years the average annual growth rate of main business income of at least more than 15%, of which the growth rate of high-end equipment is expected to reach more than 25%, huge space for development.
    Product upgrades, import substitution and create market demand, strengthen the foundation and energy saving are raised to new heights
    The plan of the mechanical industry "five" during the five development strategy: "the main high-end, innovation-driven, and strengthen the basis for integration of the two, the green first." We believe that the "five-second" period, product upgrades and import substitution will create a huge market demand, is to promote the development of the industry's two driving factors.
    We believe that the high-end CNC machine tools and key parts of construction machinery import substitution there is a huge space. According to customs statistics, imports of machinery industry in 2010 $ 255.347 billion, an increase of 41.14%, the highest import volume over calendar year 2008 (imports 194.83 billion U.S. dollars) level. With the 2009 year, net imports amounted to $ 74.43 billion, the highest level. Among them, the machine tool industry imports grew 66.73%, imports of construction machinery industry grew 65.93%.
    In the planning, strengthening the foundation and energy saving has been put to new heights. Five development strategy, "to strengthen the foundation" and "green-first" emphasis has been. CNC machine tools in the CNC system and features, supporting the hydraulic excavator hydraulic systems, wind power equipment, supporting key constraints such as high-end equipment bearing the development of key components will be supported by the state and development of the area. Energy efficient products (energy-saving motors, fans, pumps, gas compressors, high efficiency and low emissions of internal combustion engines) and other product areas will benefit from the national "energy saving" strategy forward.
    High-end CNC machine tools, critical infrastructure components, energy saving devices should be focused segments
    The plan, machinery industry, "five-second" period to focus on the development of high-end equipment, new industrial equipment, machinery and equipment with the people's livelihood, critical infrastructure products, the five basic areas of craft and technology.

    We believe that the high-end CNC machine tools and precision machining equipment, marine engineering equipment, industrial robots and robot is worthy of special focus segments.
    In addition, the market has not yet been fully understood, there can be areas of concern: the key infrastructure components (high-end bearings, gears, hydraulic parts, pneumatic parts, seals), energy saving equipment (energy-saving motors, fans, pumps, gas compressor, high efficiency and low emission internal combustion engine), smart devices (digital, intelligent instrumentation and automation systems, intelligent printing equipment, large-scale intelligent construction machinery), livelihood equipment (safety equipment, emergency relief, medical equipment, modern production and distribution of consumer goods the "complete solution") and so on.