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The first quarter of 2011 economic performance of the equipment industry

    The first quarter of 2011, equipped with industrial added value increased 17.8%, down 7.9 percentage points year on year, compared with the fourth quarter of 2010 slowed 0.1 percentage points.

   Among them, the general, special equipment, year on year growth of 21.8% and 24.4%, instrumentation and cultural office equipment and electrical machinery and equipment manufacturing industry increased by 17.6% and 17.7%, transportation equipment manufacturing industry increased by 14.1%. The first two months, mechanical industry realized profits of 139 billion yuan, an increase of 30%, of which a profit of 56.6 billion automotive industry, an increase of 16.7%; corporate loss of 16.5%, enterprises suffered losses totaling 14.4 billion yuan,ratchet tie dowm an increase of 19.9%.

    Exports maintained a rapid growth. The first quarter, the export delivery value of the equipment industry 375.3 billion yuan, an increase of 24.1%, the growth rate was flat with the same period in 2010, compared with the fourth quarter of 2010, down 2.1 percentage points. According to customs statistics, in the first quarter, export of electromechanical products 232 billion U.S. dollars, an increase of 22.8%. The main products, imports 236,000 cars, up 31.8%; export 159,000 vehicles, an increase of 56.3%. Import Auto Parts $ 5,230,000,000, an increase of 23.3%; export auto parts $ 4,340,000,000, an increase of 27.3%. Import compression-ignition internal combustion piston engines 1.59 billion, an increase of 45.2%. Export of 2.57 million motorcycles, up 13.3%; exports tractors and tractors 48,600 units, an increase of 90.3%.

    Most investment products to maintain a rapid growth in production. The first quarter, excavators, compaction machinery output was 6.3 million and 2.1 million units, up respectively 58.9% and 74.5%; loader production of 6.9 million units, up 40.6%; cement equipment fell 39.9%; metal forming machine tools increased 2.3%; metal cutting machine tools increased 21.8%; special equipment for oil refining and chemical production increased by 1.31 times.

    Maintain a high level of automobile production and sales. According to the China Automotive Industry Association statistics, in the first quarter, auto production, sales were 4,900,000 and 4,980,000, respectively, year on year increase of 7.5% and 8.1%. 1.6 liters and below passenger car market share declined year on year. In the first quarter, 1.6 liters and below passenger car sales accounted for 70% of the total passenger car sales, compared with the same period in 2010 declined 0.5 percentage points.

    Ship completions declined. In the first quarter, China's shipbuilding capacity 14.46 million dwt, down 0.7%; new undertaking dwt ship orders 10.91 million, an increase of 32.1%. As of the end of March, hand-held 190.04 million dwt ship orders, down 3% compared with the end of 2010, of which exports accounted for the total ship orders 86.9%.

    Agricultural machinery production to maintain stable and rapid growth. The first quarter of 9706 production of large tractor units, an increase of 10.1%; medium and small tractors were up 10.8% and 13%; harvesting machinery output of 155,000 units, up 39.2%; harvest handling machinery output 118,000 units, up 45.4 %.

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