In the first half of the year, the import volume of gears for machinery parts and components industry increased 18.44% year-on-year

In the first half of 2017, the mechanical parts and components industry continued to grow steadily under the macro development of the national machinery industry. The orders of industrial enterprises were still relatively full, the economy was operating normally, and the import and export of industrial enterprises was active. Steadily rising.

The produced parts are including Auto parts，Agricultural machinery parts, construction scaffolding parts Marine valve and pump components and hydraulic parts etc. Architectural,Machinery,Medical; Food Machinery, Valves and so on. The material which we used Aluminium; Bronze; Brass; Copper; carbon steel; stainless steel and so on.At the same time, we can offer the CNC machining; Phosphating; Blackening Processing;Hot Dip Galvanizing: Powder Coating: Painting: Plating, Assembly for customers.

85% products are sold to overseas, the customers are from America, Canada, Europe Union, etc.

In the first half of the year, the total output value of the general parts and components industry reached 172 billion yuan, a year-on-year increase of 6.2%, which represents an increase of 2.5 percentage points from the first quarter. This indicates that the industrial economy has seen a rising trend, and the economy of the industry has achieved positive growth.
The total value of imports and exports in the industry reached 16.119 billion U.S. dollars, an increase of 11.0% year-on-year. The total import value of the industry was 9.735 billion U.S. dollars, an increase of 15.95% year-on-year, of which gear professional imports amounted to 7.586 billion U.S. dollars, an increase of 18.44% year-on-year. Imports of professional fasteners were 1.578 billion U.S. dollars, an increase of 8.49% year-on-year. The total amount of imports accounted for 94.1% of the total industry imports. The industry's total value of exports was 6.383 billion U.S. dollars, a year-on-year increase of 4.25%, of which gear professional exports were 2.82 billion U.S. dollars, an increase of 2.02% year-on-year; fastener exports were 2.473 billion U.S. dollars, an increase of 6.43% year-on-year; chain professionals The export value was US$654 million, an increase of 4.23% over the same period last year; the total exports of these three specialties accounted for 93.2% of the total export value of the industry. The good import and export development of the industry also shows the steady rising trend of the industry enterprises.
At present, the PMI value of China's manufacturing industry has remained at a level of 51% or more for 10 consecutive months, and it is still in the expansion zone. The stability of economic growth tends to increase gradually. For this reason, enterprises in the machinery and parts industry are focusing on quality improvement in the second half of the year. While enhancing efficiency, it is still necessary to seize market opportunities, actively strive for market share, and promote the healthy and stable development of the company.