At the end of 2011, with the release of the 12th Five-Year Plan for "three basic" industries (mechanical basic parts, basic manufacturing technology and basic materials), the oil pump industry has ushered in a new period of development. The good trend continues. In the first half of 2012, the oil pump industry still achieved good development results in spite of unfavorable international and domestic macro development environment.
. To some extent, the industry has entered a new historical development stage of "breaking chrysalis into butterflies". Data from China General Parts and Components Association show that in the first half of this year, the industry achieved a total output value of RMB 151bn, with a year-on-year growth of 4.2%, among which the growth rate of gear, chain, spring and drive coupling industries was 4-8%. Among the six major industries, only fastener and powder metallurgy industries showed a year-on-year negative growth. The total import volume of the industry was $8.213 billion, with a year-on-year increase of -0.67%; The total export value of the industry was 5.665 billion US dollars, with a year-on-year growth rate of 15.8%. The export of the industry has become a prominent highlight of the development of the oil pump industry. Structural transformation is accelerating, transformation and upgrading have achieved initial results, the agglomeration effect is becoming more obvious, and resource allocation is increasingly optimized... The experts of the association believe that the oil pump industry will enter the medium-speed growth period of "from big to strong" during the "twelfth Five-Year plan" from the high-speed growth trend of scale expansion during the "eleventh Five-Year Plan".
In 2011, the total output value of the oil pump industry reached 303.7 billion yuan, with a year-on-year growth of 21% and a record high.
Experts said that the oil pump industry is in a competitive mode upgrade blowout period, enterprises have taken spontaneous action to strengthen independent innovation, strengthen brand construction to the international market. Provided by berth pump http://www.hinapump.com
