February bulldozers steady growth in demand for export markets need to be cautio
2 Bulldozer Market slows, the steady growth of domestic demand.
Although demand for early release before Chinese New Year, in February in China Bulldozer Sales remain up, but slows. Although there is more uncertainty in 2010, but the world economy out of recession, the overall trend into the recovery period the basic set, particularly the steady rise of the economy has taken the lead into the stage.
2010 2 months, the country's manufacturing purchasing managers index (PMI) was 52.0%, 3.8 percentage points lower last month, the highest 12-month low, was unexpected. The index has been 12 consecutive months, more than 50% at the critical point, indicating the overall manufacturing economy to maintain our growth trend, but growth slowing. February's PMI index to a certain extent, reflects the current trend of China's economic growth by the rapid development momentum. China Construction Machinery Kenfor that the bulldozer the next few months the market will remain steady underlying trend of rapid growth.
2 bulldozers export sales have dropped, should be cautious about the outlook for exports.
2010 2 months, China's export sales have dropped bulldozers. The new export orders index in February was 50.3%, 2.9 percentage points lower than the month. The new export orders index fell, indicating the export recovery still in the recovery phase, the growth prospects of exports needs to be cautious. Current employment rebounded in Europe and America weak, the European part of the economy into a sovereign debt crisis, this current situation, China's export recovery, the situation is not stable. Taking into account the exchange rate with the dollar so strong relative to other currencies, and international trade friction against China and other growing number of unfavorable factors, the uncertainty of this year exports are still large, the rebound in exports can not be too optimistic bulldozers.
2 month added the scale of credit come down significantly, real estate investment accelerated.
2 added more credit scale down significantly. By the Spring Festival, and regulatory guidance to enhance the impact of credit, in February new RMB loans 700.1 billion yuan, up by 371.4 billion yuan less than in January 1.39 trillion of new scale down about five percent. Long-term loans to maintain high growth, mainly due to the construction of the project loan is still the main orientation of new loans.
2 Investment was some growth in the high drop, but still faster, plan new projects total investment jumped by 42.7% year on year, that is still a large number of infrastructure projects launched. China Construction Machinery kenfor that by construction projects and boost investment in new projects, bulldozers market will grow steadily. Relative to the overall urban fixed asset investment slowed in the first two months of my real estate investment is accelerated. National policy has increased the investigation and punishment developers hoarding land, thus promoting some real estate enterprises to accelerate the investment process. At the same time last year, two months before the real estate investment growth rate plunged to 1%, low base-year rebound in real estate investments also have an impact. The acceleration of real estate investment market demand will be driven bulldozers.
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