China's equipment industry has accelerated in the first five months

According to data from the National Bureau of Statistics, from January to May 2009, the growth rate of China's equipment industry showed an accelerating trend, of which the value-added of the equipment industry (including automobiles and ships) increased by 8.6% year-on-year, and the increases in March, April and May were respectively It was 10.1%, 9.7%, and 11.7%.
From January to May, the overall production of construction machinery was stable, and the production and sales of some products continued to decline. The output of lifting machinery, conveying machinery, concrete machinery and compaction machinery increased by 9.2%, 21%, 25% and 8% year-on-year, respectively, which increased by 16.8%, 55.1%, 19.3% and 4.2% respectively in May. The output of loaders, excavators, and electric forklifts fell by 3.7%, 35.5%, and 11.4% year-on-year, respectively, which fell by 8.1%, 45.3%, and 23.7% respectively in May. In the same month, the sales volume of loaders dropped from 15,000 units last month to 12,000 units. Exports decreased by nearly half year-on-year; excavator sales decreased by 1.7% year-on-year, 31.6% from the previous month, and exports were down by 80% year-on-year; bulldozer sales decreased by 22% year-on-year; , a decrease of 16% from the previous month and a 59% year-on-year decrease in exports.
The output of grain processing, feed production, and cement-specific equipment increased by 4.4%, 14.8%, and 14.7% year-on-year, respectively, which increased by 26.3%, 51.2%, and 36.1%, respectively, in May; railway passenger car production increased by 2.02 times, of which 2.88 times increased in May. The production of special equipment for oil refining and chemical production and printing equipment increased by 24.5% and 16.1%, respectively, but only increased by 5.8% and 6.9% in May.

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