免费av毛片,日韩av高清在线播放,97国产精品最好的产品,欧美成人免费一区二区三区,神马午夜一区,曰河南少妇对白视频,欧美自拍视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

China machinery industry sees low revenue growth, weighed down by auto sector

Xinhua | Updated: 2020-02-26 13:48
Share
Share - WeChat
A technician works on the production line of a Volkswagen plant in Shanghai. [Photo/Xinhua]

BEIJING - Revenue growth of China's machinery industry weakened last year, weighed down by the sluggish auto sector, according to a report from the China Machinery Industry Federation.

Revenues totaled 21.76 trillion yuan ($3.11 trillion) in 2019, up 2.46 percent year-on-year. The growth rate was 1.39 percentage points lower than the national industrial average.

The machinery industry's value-added output, an important economic indicator, stood at 5.1 percent, compared with the national average of 5.7 percent.

The machinery industry became much divided last year, as the auto sector was a significant underperformer, but robot and intelligent manufacturing posted brisk growth.

Profits of China's auto sector fell 15.3 percent year-on-year last year amid softening domestic demand, with revenues retreating 1.66 percent. Bucking the trend, engineering machinery, robots and intelligent manufacturing reported double-digit growth in revenues.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE