The "2013 Annual Report on the Mechanical Industry Economic Operation Situation" released by the China Federation of Machinery Industry pointed out that last year the production and sales of the machinery industry achieved a steady growth, and the annual trade surplus reached 73.6 billion U.S. dollars, a record high.
According to the results of the survey conducted by Eurasia Consulting, China's machinery manufacturing not only has a great advantage in terms of price, but also has an advantage in the mid-end products, and the service is constantly improving. Germany's "Star" magazine said that in order to overcome China's cheap products in the increasingly fierce price competition, German machinery manufacturers are even prepared to make "compromise."
According to statistics, Chinese machinery products are more than 20% cheaper than Germany. In 2012, among the major exporting countries, the US exported 1.829 billion U.S. engineering machinery products, including: 1.016 billion U.S. dollars of spare parts and components, accounting for 58.76% of the total U.S. exports; non-self-promoted soil, mines, etc. Accounted for 11.8%; wind tools were US$151 million, accounting for 8.73%. Exports of Russian construction machinery products amounted to 1.348 billion U.S. dollars, of which: 257 million U.S. dollars were for loaders, 19.1% of Russia's total exports; 319 million U.S. dollars were used for mining dump trucks, accounting for 13.79%; and 151 million U.S. dollars were for bulldozers, accounting for 11.21%. Exports of construction machinery products in Japan amounted to US$898 million, including US$849 million in parts and components, accounting for 94.54% of the total exports to Japan, and 18.32 million US dollars in road rollers, accounting for 2.04%.
At present, most of the German machinery manufacturing targets are located in high-tech products. However, under the economic crisis, the global market is biased toward mid-range products. This is exactly what China currently has as a long-term technology leader.
In the 31 product areas of the machinery and equipment industry, German products rank first in the world in 21 sectors and almost all of the world’s top three in the rest of the world. Drive Technology Machinery and equipment, construction machinery and building materials equipment, transmission technology equipment, printing machinery and papermaking technology equipment, machine tools, food and packaging machinery equipment, and civil aviation technology equipment are the top seven mechanical equipment products exported from Germany. The share of total German machinery and equipment exports exceeds 5%.
"The top of the market's technical pyramid is too small," said Fergusg, president of the German Machinery Manufacturing Industry Association. "Most of the small and medium-sized companies in Germany only compete by cutting prices by means of quality reduction." If you reduce product functionality, More production of mid-range products.
China has become the largest export market for German machinery manufacturers. In 2012, total exports reached 17 billion euros. "Star" wrote: "German machine builders are arming themselves against China."
According to the results of the survey conducted by Eurasia Consulting, China's machinery manufacturing not only has a great advantage in terms of price, but also has an advantage in the mid-end products, and the service is constantly improving. Germany's "Star" magazine said that in order to overcome China's cheap products in the increasingly fierce price competition, German machinery manufacturers are even prepared to make "compromise."
According to statistics, Chinese machinery products are more than 20% cheaper than Germany. In 2012, among the major exporting countries, the US exported 1.829 billion U.S. engineering machinery products, including: 1.016 billion U.S. dollars of spare parts and components, accounting for 58.76% of the total U.S. exports; non-self-promoted soil, mines, etc. Accounted for 11.8%; wind tools were US$151 million, accounting for 8.73%. Exports of Russian construction machinery products amounted to 1.348 billion U.S. dollars, of which: 257 million U.S. dollars were for loaders, 19.1% of Russia's total exports; 319 million U.S. dollars were used for mining dump trucks, accounting for 13.79%; and 151 million U.S. dollars were for bulldozers, accounting for 11.21%. Exports of construction machinery products in Japan amounted to US$898 million, including US$849 million in parts and components, accounting for 94.54% of the total exports to Japan, and 18.32 million US dollars in road rollers, accounting for 2.04%.
At present, most of the German machinery manufacturing targets are located in high-tech products. However, under the economic crisis, the global market is biased toward mid-range products. This is exactly what China currently has as a long-term technology leader.
In the 31 product areas of the machinery and equipment industry, German products rank first in the world in 21 sectors and almost all of the world’s top three in the rest of the world. Drive Technology Machinery and equipment, construction machinery and building materials equipment, transmission technology equipment, printing machinery and papermaking technology equipment, machine tools, food and packaging machinery equipment, and civil aviation technology equipment are the top seven mechanical equipment products exported from Germany. The share of total German machinery and equipment exports exceeds 5%.
"The top of the market's technical pyramid is too small," said Fergusg, president of the German Machinery Manufacturing Industry Association. "Most of the small and medium-sized companies in Germany only compete by cutting prices by means of quality reduction." If you reduce product functionality, More production of mid-range products.
China has become the largest export market for German machinery manufacturers. In 2012, total exports reached 17 billion euros. "Star" wrote: "German machine builders are arming themselves against China."
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