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Packaging and printing machinery is showing signs of recovery.


Published Time:

2019-11-28

Dongguan Xinhe Electromechanical Co., Ltd. specializes in the production and sales of magnetic powder clutches, magnetic powder brakes, correctors, and packaging and printing machinery parts. According to the command center report, the highest electricity consumption in December last year exceeded 50 million kilowatts, and port throughput increased by 10.87% year-on-year. For 220 key scheduled enterprises in the province, the operating income in December last year reached 463.28 billion yuan, and the operating income of large-scale industrial enterprises in the province is expected to reach 10,500 billion yuan, an increase of more than 20% year-on-year. Affected by the energy-efficient product benefitting people project, the output of air conditioners, televisions, and mobile phones from Haier Group and Hisense Group

Dongguan Xinhe Electromechanical Co., Ltd. specializes in the production and sales of magnetic powder clutches, magnetic powder brakes, correctors, and packaging and printing machinery parts.
According to the command center's report, the highest electricity consumption in December last year exceeded 50 million kilowatts, and port throughput increased by 10.87% year-on-year. For the 220 key enterprises under provincial dispatch, the operating revenue in December last year reached 463.28 billion yuan, and the estimated operating revenue of large-scale industries across the province is expected to reach 1.05 trillion yuan, an increase of over 20% year-on-year. Affected by the energy-efficient product benefitting people project, the output of air conditioners, televisions, and mobile phones from Haier Group and Hisense Group increased by over 20% year-on-year; in the paper industry, the production of Quanlin Paper and Chenming Group also increased by over 20% year-on-year.
Many industries, mainly the machinery industry, are showing signs of recovery. This period of time will pass, and then spring will arrive.
According to the Provincial Industrial Economic Operation Command Center, the 220 key dispatched enterprises achieved an operating income of 463.28 billion yuan in December last year, a month-on-month increase of 7.14%, and a year-on-year increase of 10.81%. The estimated operating income of large-scale industries across the province for that month is expected to reach 1.05 trillion yuan, a year-on-year increase of over 20%. The light industry, machinery, textile, chemical, non-ferrous metal, and automobile industries have all achieved stable and relatively rapid growth.
Continuing the trend of stabilization and recovery since October last year, engineering machinery production has significantly rebounded, with the output of bulldozers from Shantui Construction Machinery increasing by more than 15% year-on-year in December. The output of sedans and micro-cars has also entered a period of rapid growth. Compared with the slower growth rate before, the rebound in steel and building materials in December accelerated significantly. Among them, the output of steel products from Laigang Group increased by 5.1% year-on-year; the output of stainless steel from Taishan Iron and Steel and steel billets from Jiuyang Group increased by more than 15% year-on-year. The glass industry within the building materials sector also experienced relatively rapid growth.