China's Machinery Market Business Opportunity Forecast during the Eleventh Five-Year Plan Period

According to the forecast of the Investment Research Institute of the State Planning Commission, during the “10th Five-Year Plan” period, the total investment in fixed assets in China reached 22 trillion yuan, with an average annual growth rate of 37%. Inferred from the interaction between fixed asset investment and machinery market consumption in the past, during the 10th Five-Year Plan period, the business opportunities borne by China's machinery market amounted to 3 to 40 billion yuan.
According to forecasts, until 2010:
——The automobile market will reach a scale of 4,400 to 80 million vehicles, of which the machinery market will increase by 0.54% for every 1% increase in car production;
——In terms of transportation, during the “Tenth Five-Year Plan” period, only the western railway development will invest 100 billion yuan. In the next 10 years, western traffic will invest 7,000-800 billion yuan. Wheel lathes, tongue milling machines, 2m large sawing machines, spiral welded pipes Special equipment such as machinery is very useful;

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