The hottest experts predict that China's manufactu

2022-10-22
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Expert prediction: China's manufacturing industry will come out of the trough in the second half of the year

expert prediction: China's manufacturing industry will come out of the trough in the second half of the year

China Construction machinery information

Guide: at present, China's manufacturing industry is not at a very low trough. With the implementation of a series of new policies, the industry will have a clearer trend in the third and fourth quarters in its efforts to resolve excess capacity. CEN Wenguang, KPMG's partner in China's manufacturing industry, said in an interview a few days ago that from the second half of the year to the next few years, private enterprises will

"at present, China's manufacturing industry is not at a very low trough. With the implementation of a series of new policies, the industry will have a clearer trend in the third and fourth quarters." CEN Wenguang, partner of KPMG China manufacturing industry, said in an interview a few days ago that from the second half of the year to the next few years, there will be more and more cases of overseas mergers and acquisitions of private enterprises, and the target industries of mergers and acquisitions will be concentrated in construction machinery, auto parts, high-end equipment, etc

the purchasing managers' index (PMI) of China's manufacturing industry in May, just released by the National Bureau of statistics, was 50.8, up 0.2 percentage points from the previous month, which was also the eighth consecutive month that the index was above the boom and bust line

"when we communicate with some customers and industry insiders, they also feel that the new policy needs time to digest and implement slowly, and these measures may not be clear until the second half of the year." CEN Wenguang believes that at present, China's manufacturing industry is not at a low point. With the implementation of a series of new policies, it will slowly, continuously and steadily continue to go up. The pre automobile market is an important downstream market of polyurethane, and there will be a clearer trend in the third and fourth quarters of the second half of the year

KPMG recently released a global manufacturing research report entitled "competitive advantage: strengthening supply chain network, improving efficiency and pursuing innovation". The report interviewed 335 executives from five industries, including aviation and defense, automotive, integrated enterprises, engineering and industrial products, and metals

Cen Wenguang said that the survey found that most international production enterprises hope to purchase near the local market, and try to locate the R & D department near the production base for the next experiment. Among the respondents with headquarters in China, the United States, Japan, Germany and the United Kingdom, most (59% to 89%) said that they would increase their purchases in the local market in the next two years. Taking Japan, Germany and the United Kingdom as examples, respondents all regard China as the preferred purchasing place outside the local market. American respondents preferred Canada, followed by China and the United Kingdom, who tied for second place

"China still injects the outdoor cone and separates the indoor cone. It is the region with the fastest economic growth in the world and is one of the most ideal investment locations for many industries. Therefore, China continues to attract global manufacturing enterprises to invest in China." CEN Wenguang pointed out that after considering various factors and the long-term development and growth prospects of the market, China and India are the main places for multinational enterprises to choose to increase investment

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