Date: 2013-07-31

Latest Statistic: China Become the Forth Largest Machine Manufacturer

According to the statistics from VDMA, Chinese machinery industrial output value increased by 25% to Euro 0.11 trillion in 2005, putting China the fourth largest machine manufacturer, following US(Euro 0.25 trillion), Japan(Euro 0.177 trillion) and Germany(Euro 0.165 trillion).

In 2005, machinery industrial output value in Europe hit Euro 0.47 trillion, increased by 4.4%. The output value produced by Germany, Italy, France and UK had taken up 70% of the total. In recent year, machinery industrial output value were increasing steadily in Asia. Sharing one-third of the world total machinery output value, Asia has become the second largest mahine manufacturing region in the world.

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