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Around the investment subject for industry recover gradually
Maintain a high growth in fixed asset investment, investment in fixed assets in May keep 30% of high, show 4 trillion investment especially significant project guarantees the construction machinery industry, the overall stability of the domestic market at this year's strong growth of investment in fixed assets of the equipment manufacturing industry formed a strong support.

Industry and recovery, touch is still difficult to export overhead conveyor, 1-4 months accumulative total industrial output and mechanical industry sales value 5.33% respectively year-on-year growth 4.70%, machinery plate, various sub-industries of industrial output growth annulus comparing both rose.

Show part of products and mechanical plate hit bottom industry segments and signs of recovery speed. Currently export situation of machinery industry is still severe, the export of improving mainly depends on the global economic recovery after rising demand, China machinery industry expected this year, short-term difficulty exports will maintain the year-on-year.

Key sub-industries comment on the machine tool industry: 09 machine industry growth is expected to average about 10%, which may be left in the machine, CNC growth may be in high above 10%, The valve industry: half boom cycle will continue to focus on the main power, oil field, chemical industry, environmental protection and urban construction, etc, Pump industry: rebounded stabilises, half will gradually recovering from the process of our products, good segmentation pump, water pump, nuclear concrete pump, Bearing industry: we prefer bearing fruit industry is engineering machinery bearings, wind bearings, railway bearings, agricultural machinery, the child bearing industry boom of rising cycle.

Investment advice and recommendations on current general machinery industry company export situation conveyor chain, but still not changed by domestic downstream demand, industrial production and sales value of industry in the growth, the monthly annulus of activists and product sales situation is good, is expected to be in first 09 industry after the trend, or in the second half of the plate, general machinery market is still worth expecting, gives ordinary mechanical industry "rather than" half investment rating.
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