In 2006, China's foreign trade of machinery products achieved a surplus for the first time
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According to the statistics provided by the Federation of Machinery Industry, the export of mechanical products in 2006 was US$142.359 billion, an increase of 36.28%, the import was US$141.112 billion, an increase of 19.6%, and the surplus realized a surplus of US$ 747 million for the whole year.
It is expected that the total demand for machinery products in the domestic market will slow down in the context of the country's efforts to strengthen the control over fixed assets investment, but the demand for equipment that meets the requirements for energy saving and emission reduction will increase significantly, thus providing the industry with growth. New business opportunities. China Machinery Industry Federation predicts that in 2007 China's machinery industry's foreign trade exports will achieve a growth rate of around 20%.