The latest statistics show that from January to October, the machinery industry completed a total industrial output value of 14.903106 trillion Yuan with a year-on-year growth of 11.91%, higher than the same period last year, down 14.02 percent, down 0.02 percentage points from last month. The whole industry completed a total sales value of 14.545465 trillion Yuan with an increase percent year-on-year growth rate of 11.66,13.93 percent lower than the same period of last year, an increase of 0.21 percentage points over the previous month.
Cumulative total profit of six industries of the total profit of 13 industries in the first nine months has a year-on-year positive growth, and the agricultural machinery industry, the petrochemical industry and the automotive industry have the fastest growing, respectively 19.41%, 12.88% and 10.98%. January to September, the National Machinery Industry Enterprise-current assets amounted to 8.568545 trillion Yuan with a year-on-year growth of 10.78 percent, down 0.15 percentage points.
Experts pointed out, the slowdown in the momentum of the crushing machine industry bottomed out, and it is unlikely to continue to decline in the future. The fourth quarter will continue to be run in the bottom of the low-speed.
Experts expect that, 2012 has a sale growth of about 14% on grinding mill and stone crusher; the profit growth is expected to be around 5%; while the export growth is expected at 10%. In 2013, the operating environment will remain fairly severe, and the domestic demand and export situation is not expected to average significantly warm forced pressures on the market structure adjustment and the upgrading will not be weakened.

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