China's machine tool production and sales rate reached 97.2% in the first three quarters

According to the latest statistical report released by China Machine Tool & Tool Industry Association (CMTBA), in the first three quarters of 2009, the growth rate of industrial output value of China's machine tool industry increased steadily, and the monthly growth rate in July, August and September rose to double digits. Growth; the industry's profit decline has narrowed, and the loss-making enterprises have narrowed; the sharp decline in imports and exports has not improved, and the decline in exports has been particularly serious.

From the first nine months of each month, the main statistical data trend judgment: Thanks to the national economic stimulus package, after March, the indicators of the machine tool industry stabilized, and the confidence of the enterprise market increased. From January to September, the production and sales rate of machine tools reached 97.2%, an increase of 0.6 percentage points year-on-year.

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