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Findings in the 226 page Report include:
• Chinese machine builders are enhancing their international participation through larger exports as well as a higher degree of internationalization. At an average annual growth rate (AAGR) of 12.0%, in 2010 consumption is estimated to reach $910.14 billion.
• Sectors with the largest growth in gross industrial output were: heavy machinery (31.5%), basic mechanical parts (29.51%) and electrical equipment (29.46%).
• The value of China's Heavy machinery reached $25.5 billion in 2005 and is projected to grow at an average annual of 16.4% to reach $54.5 billion by 2010.
• The value of China's Electrical equipment reached $120.59 billion in 2005 and is projected to grow at an average annual of 15.5 % to reach $247.93 billion by 2010.
Summary of the Report:
• An overview that describes the industry, its importance, historical developments and important regulations.
• Nine chapters covering: Agricultural Machinery, Construction Machinery, Machine Tools, Mechanical Basic Parts, Petrochemical and General Machinery, Heavy Machinery, Automotive Electrical Equipment and Instruments and Meters.
• Analyses of the Chinese market by production, importing, exporting, consumption, participants and technology.
• Major market players, their profiles and market shares.
• Market forecasts through 2010.
Industrial Machinery Business in China is available in PDF format from Report Buyer. For more information go to: www.reportbuyer.com/
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