Abstract Recently, the China Macroeconomic Operation Report (2013-2014) was published by the Institute of Finance and Economics of the Chinese Academy of Social Sciences. The report pointed out that in 2013, China's economic growth rate was 7.7%. This year, major institutions have gradually changed the Chinese economy from "high speed" to "second highest"...
Recently, the China Macroeconomic Operation Report (2013-2014) issued by the Institute of Finance and Economics of the Chinese Academy of Social Sciences. The report pointed out that in 2013, China's economic growth rate was 7.7%. This year, major institutions have gradually become a consensus on the transformation of China's economy from "high speed" to "second highest". Affected by the economic recovery, the construction machinery industry also showed improvement at the end of the year. According to experts' analysis, China is mainly in a strategic opportunity period in 2014. It is expected that China's GDP will grow by about 7.5% in 2014 and will continue to maintain a reasonable range of economic operations. Although the steady growth of economic growth is still not consolidated, "steady growth" as a policy goal will remain basically unchanged. Only the marginal effect of the policy of “steady growth†will gradually decline, so that the contribution of “stable growth†policy to future economic growth will also be reduced. However, "stable growth" plays an important role in economic growth. The construction machinery industry will rely on the "four trillion" stimulants, but will gradually grow steadily in the gradual stabilization of the economic tide. China's economic secondary growth normalization
The "Report" proposes that China's economy is currently shifting from "high speed" to "second highest". In 2008, it reflected the short-term cyclical decline in the nature of insufficient demand under the crisis. However, with 2013 as the mark, this growth rate has become Structural and phased long-term cyclical declines, “that is, the cyclical fluctuations that are mainly caused by insufficient demand have evolved into cyclical fluctuations of supply constraints, so that the second highest growth rate will be normalized.
In the "Blue Book of Economics" published by the Chinese Academy of Sciences recently, it is pointed out that the fixed assets investment of the whole society will exceed 45 trillion yuan, with a nominal growth of 20.4% and a real growth of 19.2%, continuing to maintain steady and rapid growth. In 2013, exports and imports are expected to increase by 8.7% and 7.5% respectively, with a trade surplus of around US$270 billion. In 2014, China was mainly in a period of strategic opportunities. It is expected that China's GDP will grow by about 7.5% in 2014 and will continue to maintain a reasonable range of economic operations.
The construction machinery industry has a strong warming signal
Recently, the China Manufacturing Purchasing Managers Index released by the National Bureau of Statistics Service Industry Research Center and the China Federation of Logistics and Purchasing showed that China's manufacturing PMI was 51.4% in November 2013, unchanged from the previous month, and was at a critical point for 14 consecutive months. the above. Zhao Qinghe, senior statistician of the Service Industry Survey Center of the National Bureau of Statistics, said that since the beginning of this year, with the steady growth of the central government, the adjustment of structure, the promotion of reform measures and the effectiveness, the production and operation environment of the enterprise has gradually improved, and the manufacturing industry has continued to stabilize.
In addition, industry data also showed that in October 2013, the excavator industry sold 7,537 units, a year-on-year increase of 23.7%, an increase of 8.9%. From January to October, the cumulative sales volume of excavators was 97,735 units, down 6.6% year-on-year, which was 1.8 percentage points lower than the 8.4% decline in January-September. From the perspective of product structure, large excavation, medium digging and small excavation increased by 57%, 15.6% and 30.2% respectively in October. From January to October, the small excavation increased by 3.1% year-on-year, and the medium excavation and excavation decreased by 4.0% and 36.8% respectively.
The impact of the national steady growth policy on the development of the construction machinery industry has gradually emerged. The long-term stable macroeconomic environment is expected, and the construction machinery industry will gradually embark on a stable development path. In fact, recently China's high-speed rail, highway, railway, urban rail transit and municipal construction and other fields have been positive, providing a certain support for the needs of construction machinery. It is expected that the construction machinery market will not continue to decline in the future, and a gradual moderate recovery will be a development trend.
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