国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Economic downturn weighs on China's machinery industry

Updated: 2012-02-13 15:21

(Xinhua)

  Comments() Print Mail Large Medium  Small

BEIJING - The economic downturn and a combination of adverse factors will weigh on China's machinery industry this year, eroding business profits and leading to slower export growth, an industry association said Monday.

Combined profits for the country's machinery industry are expected to grow 12 percent year-on-year this year, down from last year's 21.14-percent rise, said Cai Weici, vice president of the China Machinery Industry Federation.

The sector, which accounts for about 19 percent of the country's total industrial output, will also see a sharp retreat in export growth this year, down to 15 percent from the 24.49-percent expansion registered last year, Cai said.

He attributed the pullback to the global economic downturn, weakening demand and continuously rising costs.

The sector will also have to deal with more trade protectionism measures from China's trade partners during the downturn, he said.

The sector's industrial output rose 25.06 percent year-on-year to 16.89 trillion yuan ($2.68 trillion) in 2011 after surging 33.93 percent in 2010. Profit growth in the sector fell to 21.14 percent in 2011 from 55.6 percent in 2010.

景洪市| 日照市| 通江县| 理塘县| 肇庆市| 南安市| 辽阳市| 米脂县| 萨迦县| 遂平县| 苏尼特左旗| 齐齐哈尔市| 紫云| 稻城县| 罗源县| 凉山| 华容县| 娄烦县| 禄丰县| 闸北区| 丘北县| 蛟河市| 简阳市| 新河县| 巩义市| 那曲县| 克东县| 郴州市| 商都县| 监利县| 鄯善县| 新巴尔虎右旗| 察隅县| 嘉兴市| 双桥区| 出国| 南昌县| 珠海市| 西安市| 马边| 东港市|