**Summary of the Machinery Industry Development in 2007 and Outlook for 2008**
In 2007, the Chinese machinery industry experienced remarkable growth, with a strong focus on both production and sales. Cai Weici, vice president of the China Machinery Industry Federation, emphasized that the industry’s development was characterized by “good and fast†rather than just “fast.†This approach allowed for more flexibility and room for future development. The momentum from 2007 laid a solid foundation for continued growth in 2008.
According to the China National Machinery Association, the machinery industry is expected to maintain an annual growth rate of around 20% for the sixth consecutive year in 2008. Sales, efficiency, and exports are also projected to rise by approximately 20%. Key product outputs will reach new highs, including automobile production hitting 10 million units, power generation equipment reaching around 100 million kilowatts, and CNC machine tool output between 140,000 to 150,000 units.
In 2007, the machinery industry saw two major booms: one in production and another in sales. The total industrial output value increased by nearly 32% compared to the previous year, and many key products reached record levels. For instance, power generation equipment production exceeded 120 million kilowatts, automobiles reached 8.88 million units, and CNC machine tools surpassed 12 million units. Profitability also improved significantly, with profits reaching 388.666 billion yuan, up 47.79% year-on-year.
The industry's self-sufficiency rate exceeded 80%, contributing significantly to the national economy. The export growth rate of 40.74% outpaced import growth by over 20 percentage points, highlighting the industry's increasing global competitiveness.
From January to November 2007, the machinery industry maintained a high sales rate of 97.32%, while profit margins rose to 6.19%. Labor productivity increased by 25.8%, and asset-liability ratios decreased slightly, indicating better financial health. Export performance was strong, with a trade surplus of $22.5 billion in the first 11 months of the year, reflecting the industry's growing international presence.
Key technical advancements were made in areas such as power generation, CNC machines, and energy-efficient equipment. The industry is moving toward higher-value, more efficient, and environmentally friendly products. Energy consumption per unit of output has been reduced by 21% annually, and steel usage per 10,000 yuan of output has dropped by 8%.
Internationally, the machinery industry has shifted from a trade deficit to a surplus. Exports have become more value-added, with private enterprises showing particularly strong growth. The industry is also undergoing structural adjustments, with greater emphasis on innovation, specialization, and modern manufacturing services.
Despite this progress, challenges remain. Yu Zhen, president of the China Machinery Industry Federation, warned that the industry still relies heavily on physical output and foreign technology. There is a need to enhance independent innovation, reduce resource dependency, and improve the sustainability of growth. The industry must continue to evolve to meet global standards and maintain its competitive edge.
Looking ahead, the machinery industry is expected to grow steadily in 2008, with a predicted output growth of about 25%, profit growth of 20%, and export growth of 20%. The demand for advanced machinery, especially in construction, agriculture, and power generation, is expected to remain strong.
To sustain this momentum, the industry must focus on five key areas: transforming the economic model, enhancing innovation, developing modern manufacturing services, expanding openness, and supporting rural development. These steps will help the industry achieve long-term stability and global leadership.
In conclusion, the Chinese machinery industry is at a critical stage of development, balancing rapid growth with structural transformation. With continued investment in technology, innovation, and sustainable practices, it is well-positioned to lead the global machinery sector in the years to come.
Meat And Bone Meal 50%
Meat and bone meal Specification：
1.Origin: Bovine
Meat and bone meal (MBM)is a natural source of protein and minerals including calcium, phosphorus and fat, which is used as an ingredient in the production of animal feed for pet food, poultry, swine, fish and other non-ruminant species.
The raw material is collected from slaughterhouses inspected and is 100% bovine processing at our plant.The meal is free from any additive that improve your natural protein.
2.Physical Properties:
1) Presentation: solid, in powder form;
2) Color: brown, in shades from golden to darker brown;
3) Smell: typical meat smell, without rancid.
The product is treated and is free from salmonella or any other agent Pathogenic at load time.
3.Packaging: In bulk, bags of approximately 25 kg each and we also Support OEM Package
4.Storage: In a clean and airy place, at room temperature, protected from direct sunlight.
5.Shelf life: 12 months from date of manufacture.
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Zhengzhou Bridge Biochem Co.,Ltd. , https://www.biochemfeeds.com