The hottest HSBC industrial machinery will become

2022-08-08
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HSBC: industrial machinery will become the largest industry in China's exports

HSBC: industrial machinery will become the largest industry in China's exports

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Guide: a few days ago, the latest trade outlook report released by HSBC pointed out that industrial machinery Information and communication equipment will become a major industry that will promote China's export growth in the next ten years, so the industry is highly concentrated (monopolized) for a long time. It is estimated that by 2030, industrial machinery is expected to become China's largest export industry, accounting for 1/3 of total exports, followed by information and communication equipment industry

recently, the latest trade outlook report released by HSBC pointed out that industrial machinery and information and communication equipment will become the main industries to promote China's export growth in the next decade. It is estimated that by 2030, industrial machinery is expected to become China's largest export industry, accounting for 1/3 of total exports, followed by information and communication equipment industry

other analysts pointed out that China's industrial machinery products performed well in exports in 2012. However, there are also hidden worries. The tendency of trade protectionism may be the biggest obstacle, and emission standards are likely to appear in the form of technical barriers. Therefore, it is urgent for domestic industrial machinery enterprises to reduce product emissions

it is reported that not only in China, industrial machinery will also become the most important industry driving export growth in Malaysia, Argentina and other countries

in addition to industrial machinery and information and communication equipment, the share of chemical products and construction products including prefabricated products, steel bars, accessories, etc. in China's exports will also gradually increase

from the perspective of trading partners, emerging markets will be the regions with the fastest growth of China's exports, among which Vietnam and India will be the markets with the fastest growth of China's exports, with an average annual increase of% by 2030

HSBC pointed out that China's exports are gradually shifting to high value-added industries. Whether the composite parts of Chinese enterprises participating in international trade are crushed, burned or buried, they will have an impact on the environment. The industry should seize the opportunity of transformation, improve the added value and competitiveness of products, and strive for a higher share in Global trade

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