2012 electric hoist market opportunities and risks

At the recent China Construction Machinery Industry Association annual meeting engineering branch hoist,hoist crane electric hoist branch chairman Su Jie said that China's electric hoist industry status quo is the market sales continued to grow, leading enterprises continued strong business costs continue to rise, the market pattern remains uneven. Electric hoist industry in the country to enjoy the positive effects of macroeconomic policies, the various risks they go hand in hand.
     At the policy level, has raised the benchmark deposit and lending interest rate and other effects appear, fixed asset investment funds (especially credit) constantly tight, restricting investment; private credit costs continue to rise, to exert pressure on private investment, SME financing more difficult, affecting corporate self-financing capacity; yuan upward trend in interest rates, foreign products to seize the domestic market, the price advantage of domestic enterprises reduce the trade surplus narrowed,hoist gantry crane hoist the domestic market more competitive; energy conservation is imperative, mandatory national requirements complete emission reduction targets and eliminate backward production capacity, companies will face cost, technology, environmental protection and other pressures.
     Operational risk has surfaced. Industry competition, rising raw material prices, rising labor costs, such as the formation of core technology limited construction crane industry operational risks. Financial risk increases. Electric  hoist gantry crane  iability scale increases year by year, the phenomenon of user arrears increased inventories and increased risk of bad debts increased mortgage payments and so on. These formed the financial risk.