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Business opportunities forecast for China 's machinery market
According to the predictions by research institute of national plan committee: during ¡°the 10 th five year plan¡±, the total investment amount for fixed assets in China will rise to 22,000 billion renminbi, with average yearly increase of 37%. Calculating according to the former interactive relations between fixed assets investment and machinery market consumption, during ¡°the 10 th five year plan¡±, the business opportunities in our machinery market will amount to 32-40 billion renminbi.
According to the forecast, till 2010: the automobile market will have a scale of 44¡ª80 million, among which car production output will increase by 1% yearly, and machinery market output will increase by 0.54%.