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China's macroeconomy is undergoing structural adjustment. Equipment manufacturing is a pillar industry of national economic construction. Its development is closely related to the economic cycle. In the second quarter of 2015, the equipment manufacturing industry continued to slow down.
In the second half of the year, related parties expect that the fundamentals of the industry will maintain a steady trend, especially in areas such as smart manufacturing, high-speed rail industry, and nuclear power leading the technological frontier.
In the first half of 2015, the “Made in China 2025†was issued, and the high-end equipment manufacturing industry ushered in a decade of gold growth. In the future, there will be a number of corresponding supporting measures introduced.
"Made in China 2025" focuses on improving the country's manufacturing innovation capability, promoting the deep integration of informatization and industry, strengthening industrial basic capabilities, strengthening quality brand building, fully implementing green manufacturing, deepening the adjustment of manufacturing structure, and actively developing service-oriented models. Manufacturing and production service industries and the development of the international level of manufacturing. "Intelligent manufacturing" is the main direction of the development of China's manufacturing industry in the future, shouldering the heavy task of China's industrial transformation, "smart manufacturing" is still the focus of attention in the second half of the market.
In the high-speed rail industry chain, with the merger of the North-South vehicles, China’s high-speed railways continue to capture large orders in terms of exports, while domestic high-speed rail construction will remain high.
In the first half of the year, China’s nuclear power construction officially restarted. According to the plan, by 2020, China will have to build 35 GW, with an average of 5 to 6 new generating units each year, and an additional investment of more than 500 billion yuan in nuclear power. Nuclear power has ushered in a period of rapid development in the next five years. Domestically produced nuclear power equipment will benefit from the rapid development of nuclear power and the increase in the localization rate of nuclear power equipment.
The construction and operation of high-speed rail, the construction of nuclear power and the disposal of waste materials cannot be separated from the application of compressors. Based on this, some analysts believe that the compressor industry will also usher in new growth points along with the investment in these industries.
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