The ASEAN Free Trade Area has great expectations for the Chinese machinery in ASEAN

With China - ASEAN Free Trade Area officially completed, the association of South East Asian Nations (ASEAN) manufacturing industry of machinery of our country project produced strong interest, and the Chinese construction machinery enterprises to invest and set up factories in ASEAN have high hopes. Experts suggest that China should pay close attention to the upgrading of the equipment manufacturing industry to meet the needs of the ASEAN market.
    Machinery and equipment manufacturing has been one of the key areas of development in Vietnam, in recent years, Vietnam will develop machinery and equipment manufacturing and related automotive manufacturing and shipbuilding and other industries identified as the government's priority to support the development of the field. The output value of the country's machinery manufacturing industry has an average annual growth of more than 19%, by 2020, Vietnam's mechanical equipment self-sufficiency rate will reach 50%. Ruan Wenshu believes that China's production of machinery and equipment, especially cement, water and electricity equipment and engineering machinery and the quality and technology content is relatively high, the price is moderate, very consistent with the actual needs of Vietnam's national conditions and enterprises, in Vietnam, a very high. Vice president of Indonesia, said Indonesia's domestic machinery market is very large, strong hope that China's construction machinery enterprises to invest and build factories in Indonesia.
    It is understood that the current China - ASEAN Expo construction machinery and transport vehicles exhibitors exhibitors and exhibitors to repeat the exhibition rate of over 80%. Honorary chairman of the Chinese mechanical engineering society, former Vice Minister of the Ministry of machinery industry Liu Yansun believes that China's manufacturing industry such as engineering machinery, transport vehicles, agricultural machinery and electric power machinery and other products have a good price, very suitable for ASEAN market demand, business to repeat exhibitors also illustrate this point.
With China - ASEAN Free Trade Area officially completed, the arrival of the era of zero tariff to make Chinese entrepreneurs see a new opportunity to ASEAN, Chinese enterprises can not only expand the ASEAN market, but also more convenient to carry out industrial restructuring in the international region.
Full text:
    Chinese engineering machinery of ASEAN to expand the market a good time.
    Into the ASEAN, with China - ASEAN Free Trade Area officially completed, ASEAN countries manufacturing industry of machinery of our country project produced strong interest, and the Chinese construction machinery enterprises to invest and set up factories in ASEAN have high hopes. Relevant experts suggest that China should pay close attention to the upgrading of the equipment manufacturing industry to meet the needs of the ASEAN market.
    -- ASEAN countries have great expectations for China's machinery in ASEAN
    Back in July of this year, the Eighth China Machinery (Vietnam) exhibition press conference, Vietnam Engineering Machinery    Enterprise Association, the chairman of the Chinese society of mechanical equipment, machinery and equipment manufacturing has been one of the key areas of development in Vietnam, Vietnam companies want to strengthen cooperation and Chinese machinery manufacturing enterprises in the exchange and cooperation.
    In recent years, Vietnam will develop machinery and equipment manufacturing and related industries, such as automotive manufacturing and shipbuilding industry as a priority for the government to support the development of the field. The output value of the country's machinery manufacturing industry has an average annual growth of more than 19%, by 2020, Vietnam's mechanical equipment self-sufficiency rate will reach 50%. Ruan Wenshu believes that China's production of machinery and equipment, especially cement, water and electricity equipment and engineering machinery and the quality and technology content is relatively high, the price is moderate, very consistent with the actual needs of Vietnam's national conditions and enterprises, in Vietnam, a very high.
Indonesia as the China - ASEAN Expo theme country, vice president Budi Ohno in China - ASEAN Business and Investment Summit and Chinese enterprises CEO round table also said, Indonesia's domestic machinery market is very large, strong hope that China's construction machinery enterprises to invest and build factories in Indonesia."
    Minister of industry of Indonesia M. S. Hidayat said that Indonesia has a huge market, with a good investment conditions, Indonesia will soon become the production center and machinery industry base, and hope that more Chinese enterprises to invest in Indonesia machinery industry. "We will build more than 300 textile enterprises in China, and the majority of the textile machinery used by the Chinese mainland and Taiwan imports from China, the Chinese machinery investment in Indonesia, will bring more trade volume."
It is understood that the current China - ASEAN Expo construction machinery and transport vehicles exhibitors exhibitors and exhibitors of the exhibition rate of over 80%. Honorary chairman of the Chinese mechanical engineering society, former Vice Minister of the Ministry of machinery industry Liu Yansun believes that China's manufacturing industry such as engineering machinery, transport vehicles, agricultural machinery and electric power machinery and other products have a good price, very suitable for ASEAN market demand, business to repeat exhibitors also illustrate this point.
    -- Mechanical booming trade Chinese engineering machinery enterprise roots in ASEAN
    With China - ASEAN Free Trade Area officially completed, the arrival of the era of zero tariff, so that Chinese entrepreneurs see the new opportunity for ASEAN, Chinese enterprises can not only expand the ASEAN market, but also more convenient to carry out industrial restructuring in the international region.
    The data show that the financial crisis caused by the global economic downturn, China's imports and exports of machinery products in 2009 fell by 13 in 2008. 85%, the decline in exports is more than the decline in imports. But China and ASEAN's machinery products trade volume does not fall, the growth rate reached 9%, the proportion of total trade increased from 11% in 2008 to 13. 32%.
    After the completion of the China ASEAN Free Trade Area, the economic and trade cooperation between China and ASEAN has a good momentum of development, economic and trade cooperation in the machinery industry has increased significantly. This year from 1 to June, China and