Guangzhou's 2010 manufacturing equipment manufacturing value is expected to reach 550 billion

It is reported that in the first half of this year, the rebound of the industrial economy in Guangzhou began. The output value of the equipment manufacturing industry was 163.6 billion yuan, an increase of nearly 10 percentage points. The 31 advanced manufacturing projects followed by the Guangzhou Municipal Economic and Trade Commission have progressed smoothly. The completed investment was nearly 6.5 billion yuan, accounting for 36% of the city’s industrial investment. By 2010, the total output value of Guangzhou's equipment manufacturing industry will reach RMB 550 billion, making it one of China's advanced manufacturing bases. The Guangzhou Municipal Government announced today that it will host the annual International Machinery and Equipment Manufacturing Expo in November to promote the development of modern industrial systems in Guangzhou.
It is understood that Guangzhou has compiled a "Work Plan for the Construction of an Advanced Manufacturing Base." Next, Guangzhou will accelerate the development of automobiles and parts, shipbuilding, numerical control equipment, heavy machinery, power transmission and distribution, building equipment, packaging machinery, and electronic information. Eight major industries and supporting industries. By 2010, the total output value of Guangzhou's equipment manufacturing industry will account for more than 40% of the city's total industrial output value.

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