General machinery industry, the situation will be picked up in the second half

From the China General Machinery Industry Association noted that, while a quarter of general machinery industry,bridge gantry crane industrial output growth has declined, but the industry will be in June and July to reach the bottom, industry conditions will be picked up in the second half.
Widely used in general machinery industry, involving all areas of the national economy, with cement, engineering machinery, building materials and other industries, the sector and the macroeconomy has a stronger correlation.
Association data show that China's general machinery industry enterprises above designated size has more than 4,700 this year, from January to March industrial output value of 168.14 billion yuan, up 19.45 percent growth rate over the same period last year dropped 12.40 percent.
Association, who warned that the second quarter of the industry's operating environment will be more complicated. First,overhead bridge crane because of sluggish international market, the Chinese market is relatively stable, foreign products to enter the Chinese market will be more and more, including not only the previous high-end products, will also be involved in some of the foreign-funded enterprises in low-end products. Foreign brands in quality, brands, services, competition with domestic enterprises to conduct a comprehensive, intensified competitive pressures in the industry.
In addition, some had to do export-oriented small and medium enterprises, the main low-end products, due to sluggish international market, resulting in these companies back to the domestic market, the domestic market is exacerbated by vicious competition and polarization.
Meanwhile, domestic demand has also been reduced. Metallurgical demand, for example, present, China's crude steel production is far surplus, the recent construction of large steel mills will not be expected. Therefore, general machinery metallurgical industry decreased demand for the product.
Then from the power industry, the current mainstream is the development of hydropower, wind power, nuclear power, thermal power period of great development is nearing completion. Since thermal power has been a major general machinery products applications, thermal power weakening market demand, will result in the petrochemical general machinery industry a greater impact.
But the Association, who is expected in the "steady growth" in the background, macroeconomic policies may be introduced favorable policies, and with a number of key construction projects were launched, the industry is expected to arrive in June and July will be the bottom, the situation will be the second half of the industry rebounded.
Association, who said that, with the more long-term perspective, "five" general machinery industry, there is still great potential for growth: First, China's urbanization rate has not yet reached the international level, the future development of space is still relatively large.hoist gantry crane Second, the current country is stepping up construction of affordable housing, which will produce industry market demand driven; Third, various medium and small cities to strengthen infrastructure construction, strengthen the construction of industrial parks in coastal areas, which will also have a greater market demand.