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China
21.05.24 19:26
Technology

China's machinery industry expands in April

China's experts give the best forecasts for the future of the industry

As per the China Machinery Industry Federation’s report released this week, the machinery sector experienced consistent expansion in April. This is reported by CCTV+, a partner of TV BRICS.

The four major sub-sectors of the engineering sector – manufacturing of professional and general equipment, automotive, electrical machinery, and equipment manufacturing – showed favourable growth in added value during this period.

Among them, there was a 3.7 per cent increase in general equipment output and a 2 per cent increase in professional equipment production. Notably, the output of electric machinery and equipment climbed by 5.8 per cent, while the manufacturing of automobiles showed a notable growth of 16.3 per cent.

The market's demand for mechanical products is continuously rising as a result of the proactive efforts of national and local government bodies to support the interchange of consumer goods and the installation of significant equipment improvements. This helps to stabilise and grow the sector.

Photo: iStock

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