China’s railway equipment exports increased by 22.6% last year. ASEAN is the largest market.

Abstract According to customs statistics, in 2014, China exported 26.77 billion yuan railway equipment, (below) increased 22.6% over the previous year. Statistics show that in 2014, China's railway equipment exports showed five characteristics: First, exports showed rapid growth.
According to customs statistics, in 2014, China exported a total of 26.77 billion yuan of railway equipment, an increase of 22.6% over the previous year.

Statistics show that in 2014, China's railway equipment exports showed five characteristics:

First, exports showed a rapid growth trend. In 2014, China's railway equipment exports showed a rapid growth trend. Among them, the growth rate of 9 months was maintained at over 20%. In December, the export of railway equipment was 2.81 billion yuan, a year-on-year increase of 42.3% and a 22% increase from the previous month.

The second is mainly exported to ASEAN, Argentina, Australia and the United States. In 2014, China exported 3.84 billion yuan of railway equipment to ASEAN, an increase of 1.2 times; exports to Argentina 3.45 billion yuan, an increase of 45.9%; exports to Australia 3.35 billion yuan, a decrease of 40%; exports to the United States 3.17 billion yuan, an increase of 47.2%; The total exports to the above four countries accounted for 51.6% of the total value of China's railway equipment exports during the same period. In addition, in the other top 10 markets, exports to Brazil, South Africa and Ethiopia doubled.

Third, the main export varieties are railway and tramway locomotives and vehicles. In 2014, China exported 15.45 billion yuan of railway and tramway locomotives and vehicles, an increase of 13.3%, accounting for 57.7%. Among them, the export of railways and tramways for mobile passengers, goods and open cars was 7.77 billion yuan, an increase of 47%. In the same period, the export of railway and tramway locomotives and vehicle parts was 6.68 billion yuan, up 34.2%, accounting for 24.9%; export rails were 2.58 billion yuan, up 61.8%; export rail fixtures and mechanical traffic management equipment and accessories were 830 million yuan. The increase was 13.3%.

Fourth, exports of processing trade accounted for more than half of the total, and exports of general trade methods increased substantially. In 2014, China exported 14.62 billion yuan of railway equipment by means of processing trade, an increase of 12.9%, accounting for 54.6%; it exported 11.13 billion yuan by general trade, an increase of 35.8%, accounting for 41.6%. In addition, exports of foreign-contracted projects were 810 million yuan, an increase of 30.4%.

Fifth, the export of state-owned enterprises was the mainstay, and the export of foreign-invested enterprises increased substantially. In 2014, China's state-owned enterprises exported 18.75 billion yuan of railway equipment, an increase of 18.2%, accounting for 70.1%; foreign-invested enterprises exported 4.1 billion yuan, up 46.6%, accounting for 15.3%; private enterprises exported 3.92 billion yuan, up 23.3%, accounting for 14.6. %.

According to Zhang Guangzhi, spokesperson of the General Administration of Customs, there are two main reasons for the rapid growth of China's railway equipment exports in 2014. First, China's railway technology has developed rapidly and has a good foundation for railway equipment manufacturing. Through continuous independent innovation, it has established itself. The world-class high-speed rail technology system, while China's high-speed rail has a price advantage; Second, domestic enterprises actively expand overseas markets. In recent years, Chinese enterprises have accelerated the pace of “going out”. At present, China's railway technology has been exported to more than 30 countries and regions. China's railway enterprises have increased overseas project expansion and directly led the export of railway equipment.

Polishing Wax

Jiangmen Gude Polishing Equipment Co., Ltd , https://www.kokipolishing.com