Construction Machinery cautious after potential 

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chenchen12495
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Joined: 8/9/2016
Topic  Construction Machinery cautious after potential       Flag »  Reply »
From the current state of the macroeconomic data released, the domestic economic growth has slowed down significantly. Nevertheless, based on the stimulation policies "steady growth" continued to tone down the release. The central bank cut interest rates twice this year, the introduction of intensive railway, infrastructure policies, are released to the good signal, real estate, construction machinery industry rebound is expected to be raised. The central bank cut interest rates for the foreseeable inevitably lead to increased currency liquidity. Industry insiders pointed out that the rate cut means that liquidity is more abundant, infrastructure, machinery and other industries will benefit a lot. After the potential for growth in the industry generally cautiously optimistic attitude. Secretary-General of China Construction Machinery Industry Association, Suzi Meng recently said that overall industry growth is expected this year, about 12% occur in the first half of the nearly 20% decline. The main reason, the first since last year due to the country's macro-control policies appear in the construction machinery market in the first half of this year decline in corporate demand for significantly feel. Followed by the first half of last year, the market is too hot, and sales growth rate over the same period are never had. By contrast, in the first half of this year appears fell a great chance, but after six months the market will rebound. Overall, this year's market will be steady growth, exports will increase and better than the previous two years, more than 30%.

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  Friday, September 23, 2016 at 6:33:11 AM

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