Faced with slow growth of domestic demand and the cloud macroeconomic situation of exports, the machinery manufacturing industry is threatened by serious challenges. Then how to deal with it for China's large machinery manufacturing enterprises?
Grim situation of the manufacturing industry are as follows:
Machinery manufacturing industry has always been known as the "mother of industry", which is affected by steel, oil and other upstream industries, but also by its downstream construction industry such as extractive industries, real estate and others. As the demand for downstream industries slowed down, raw materials and other operating costs increased, the machinery manufacturing industry is facing a severe economic situation than in previous years.
In 2014, China's macroeconomic situation was tight; the annual growth rate of production and sales was 10% to 15%, although so far, the machinery industry is still growing in double-digit number, chain block are becoming big in month. Growth rate began to decline month by month Special Adviser of China Machinery Industry Federation Cai Weici said.
Innovation is the important engine of transformation and upgrading.
The next decade will be a period of transformation for Chinese manufacturers during which a large number of traditional manufacturing enterprises will be eliminated while a number of new manufacturing enterprises will rise. Sense of crisis should be held by the traditional manufacturing enterprises. Break what is stereotype, then hope will come in.
“Profession contributes to quality and innovation makes a bright future” is the managing philosophy of Hebei Yudiao. In the guidance of which, the staff take the initiative in dealing with problems. With open mind they are brave in breaking the routine to come up with new ideas and different opinions and change perceive by their actions. Each of our products is produced by heart to let the users rest assured to buy and use.
Strict quality control will make our brand a worldwide famous one.
Hebei Yudiao Hoisting is aware that small scale lifting equipment industry will usher in the spring of development unless there is a favorable market environment instead of filling with piles of fake or inferior quality products.
In order to keep the company's good reputation, Hebei Yudiao Hoisting has make a policy which is paying high attention to technology, meeting high standards, making fine products and zero defects to ensure excellent goods.
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