China's mechanical equipment manufacturing industry and German distance are narrowing

2018-01-05

According to the latest statistics released by the German mechanical equipment manufacturers association, in 2004, the output value of the world's machinery and equipment increased by 10%, to 11000 billion euros, due to the strong demand for global investment goods. The three major regions of Europe, Asia and the Americas dominate the world market for machinery and equipment. Among them, the output value of mechanical equipment in Europe accounts for 430 billion euros.



In 2004, the output value of mechanical equipment increased fastest in Asia, with a total output value of 335 billion euro, which was significantly higher than that of the Americas (282 billion euros). But from the ranking of the country's output value, the US is the world's largest producer of machinery and equipment, with an annual output value of 240 billion euros, which is far ahead of the second place in Japan (185 billion euros). With 77 billion euros, China continues to maintain the world's largest manufacturing country with fourth major machinery and equipment, and the gap between China and Germany (155 billion euro) is further narrowed. But unlike the European countries and Japan, the machinery equipment of the United States and China is mainly produced for the domestic market.


share