In the first half of the year, the fixed assets investment in the machinery industry is too high to bear risks

On June 28th, at the 10th FA/PA International Modern Factory / Process Automation Technology and Equipment Exhibition and the first "Automation Technology Summit Forum", Cai Weici, Executive Vice President of China Machinery Industry Federation, said that from January to May this year The growth rate of investment in fixed assets of the machinery industry is much higher than the growth rate of investment in fixed assets in the country. This excessive growth rate is at risk.

During the "10th Five-Year Plan" period, the total output value of the machinery industry increased by an average of 23.5% annually, the industrial added value increased by an average of 24%, the average annual profit increased by 31.62%, and the export increased by an average of 23.21% annually, which was the fastest growing period in history. Typical mechatronic products—CNC machine tools—have an average annual increase of 33.5%. In 2006, the machinery industry maintained its momentum of rapid development. Cai Weici disclosed that from January to May this year, the indicators of the machinery industry economy are all operating at a high level. From the perspective of the growth rate of the 13 major sub-industries of the machinery industry, the growth rate of cultural offices, internal combustion engines, and other civilian machinery is around 15%. All are above 25%. Cai Weici said that one of the important features is that the investment in fixed assets of the machinery industry has increased substantially year-on-year. During the period from January to May, the growth rate of investment in fixed assets of the entire machinery industry was too high, and the growth rate of 13 sub-sectors was worrying.

Cai Weici believes that the enthusiasm of enterprises for accelerating development has its rationality, and that the original machinery industry has a large number of technical repayments, and it is necessary to speed up the revitalization. At the same time, due to the rapid development of China's machinery industry in recent years, machinery industry enterprises have a certain amount of accumulation, and there is a possibility of increasing investment. However, Cai Weici is worried that this may contain a considerable portion of redundant construction, and this low-level redundant construction may intensify the contradiction in the oversupply of mechanical products. This is a hidden risk.

Defence Barrier

QYM-Defence barrier


Defence barrier also named as defence bastion, defense wall, sand cage, welded gabion box, etc.It is a prefabricated,multi-cellularsystem, made of zinc coated steel welded mesh and lined with non-woven geotextile. Units can be extended and joined using the providedjoining pins. It is easy installed with using minimal manpower and commonly available equipment. After extended,it is filled into sand,stone,then defence barrier like a defence wall or bunker,it is widely used for fortification and flood control.



Defence Barrier,Hesco Barriers Gabion Box,Military Gabion Hesco Barrier,Gabion Barrier Welded Hesco

Hebei Qianye Metal Product Co., Ltd. , https://www.qymetalfence.com