Introduction: our Chinese plastic machinery industry since last year after the peak, to slowdown this year. In 2013 the battalion 12% growth, expected growth will be reduced to about 5% this year. However, according to the April Chinaplas held feedback, global plastic enterprises in China investment is not less.
Many Multi-National Corporation and China enterprises announced expansion plans in April 23rd -26 day held the exhibition, want to seize the long-term development opportunities Chinese market. Chinese is the world's largest producer of plastic machinery. For example, American Milacron company announced it will invest $4000000 will double the size of the Jiangyin factory. The company will add all electric machinery production capacity, will also provide customers in Asia production more cost-effective machine.
Injection molding machine manufacturers, the world's largest Austria Engel Holdings Limited announced that it will build a new plant in Changzhou, the production of high-grade standard type designed for brand new Asian customers in the development of plastic machinery, further expand the tentacles in high-end plastic machinery market basis.
Other industry giants, including Sumitomo Demag plastics machinery company and NISSEI Resin Industry Co. Ltd. also said in the show, will be carried out in China expansion. Chinese enterprises also invested. Injection molding machine producer terry machine Limited by Share Ltd said, next year will invest $50000000 to expand capacity and the issuance of IPO.
For foreign companies, there are two major investment power: Chinese is becoming machinery export platform, but perhaps more importantly, foreign enterprises are further to cater to local demand. General manager, vice president, Milacron China Business German FerromatikMilacronGmbH company GeroldSchley said: "Chinese is the focus of our business, we also launched large-scale investment. "
Statistical data China Plastic Machinery Industry Association China injection molding machine manufacturing giant Haitian Abc International Holdings Ltd provides shows, 2013 Chinese plastic machinery manufacturer home sales rose 12%, from 36900000000 yuan in 2012 to 41600000000 yuan last year.
But in 2014 the growth could slow. The president, China Plastic Machinery Industry Association of Guangzhou Borch machinery Limited by Share Ltd President Zhu Kangjian said, due to the macro economic situation worse, is expected to increase this year will be about 5%. He said, with the credit crunch, small and medium enterprises bear a greater financial pressure. Popular HSBC Chinese manufacturing index decline since the end of 2011 the lowest point of production in March, April only slight signs of improvement.
China machinery industry should seize the opportunity, make full use of relevant policies, use of local (domestic market) low labor costs and social stability, gross domestic product growth advantage, practicing "internal strength", take effective measures, make the production efficiency have been walking in the Chinese machinery industry is the first of the Chinese plastic machinery industry with an average annual growth rate of higher the rate of glory.