Yuchai Group ranked first in China's internal combustion engine industry in 2012, but its sales revenue dropped by 3% year-on-year. This is Yuchai's first negative growth in 13 years. As a leading company in China's internal combustion engine, Yuchai failed to escape the impact of the post-crisis era. Recently, Yu Ping, chairman of the Board of Directors of Yuchai Group Corporation, who attended a high-level economic forum in Dalian, told reporters that the Chinese economy is undergoing a transformation from seeking quantity to quality. Chinese entrepreneurs must be calm and face the transition; Lonely, to enhance the competitiveness of enterprises.

The "labor pain" in the post-crisis era

In 2008, the global financial crisis spread to China. In 2009, the government promulgated a 4 trillion bailout plan, followed by the top ten industrial revitalization plans and unprecedented scale investment by all levels of government. The Chinese people basically did not feel the impact of the financial crisis. China's internal combustion engine industry also has a 30% growth rate in 2009-2010. Luan Ping said that the ability and time to rely on investment to stimulate the economy are limited, and the decline in economic growth in 2011-2012 illustrates this point, while the decline in equipment manufacturing industry represented by the internal combustion engine industry over the past two years confirms further. The Chinese economy is in a post-crisis era. Before the world financial crisis, China has not been left alone.

The “sequelae” brought about by investments in the economy has gradually begun to “break”. Excessive investment has caused overcapacity in photovoltaic, steel, and engine industries. "There are orders for death, no orders, and death." Most companies in these industries are in this "opium-absorption" type of struggle. In the past two years, the investment in heavy industry has been over-sized and the production capacity has been excessively surplus. Fuping predicts that China’s heavy industry will face a cold period of two to three years in the future. "This is an industrial revolution. To a certain extent, we must endure such hardships and digest this pain." No matter what the industry, the last to survive are those who can sustain cash flow, support “staying talents,” and sustain investment in R&D.

"I never engage in real estate"

According to data from January to April 2013, China's internal combustion engine industry began to stabilize, but it is not yet recovering growth. Luan Ping said that low growth is undoubtedly the future trend of equipment manufacturing.

From now until 2020, it will be an important period for China's economic development. To basically complete industrialization and achieve the goal of building a well-off society in an all-round way, equipment manufacturing industry will remain the pillar and leading force. Junping said that in the process, Chinese companies need to continuously improve the value of their products and their technical grades, and from advanced to overall, they must enter the world's advanced ranks. This will enable our country to truly become a manufacturing power from a big manufacturing country.

Over the years, Chinese companies have focused on lighter products, lighter parts for remanufacturers, lighter production bases, and lighter software. Junping said that enterprises should give priority to common basic parts (liquid, gas, dense), large-scale castings and forgings, key special materials (high-grade insulation materials), control system components (including instrumentation), and functional components of CNC machine tools. Development area. If you do not pay attention, it will restrict the further development of the manufacturing industry. All these need to be completed by a generation or even several generations, and Chinese companies need to stick to it. Nowadays, many companies have moved to real estate because they are making money quickly, but Muping says: “I will never engage in real estate and only be a down-to-earth entrepreneur.”
 

River Tube

Inflatable river tubes is portable and durable

PD Toys plastic Co., Ltd is OEM & ODM manufacturer of inflatable products in the mainland of China with more 17 years of manufacturing experience. products ranges are Inflatable Toys, inflatable pools, inflatable pool floats, towable tubes, Air Furniture and Promotional Items etc. total have more than 1500 employees (4 factories) related to PVC inflatable products.

Operated under ISO 9001:2015 management system, We had passed factory Audit by Walmart, Taret, Disney ect, also passed all necessary certificates and testing such as ICTI, BSCI, SEMTA,Target FA, NBC Universal, FCCA, SGS, CVS Security, GSV, Disney FAMA ect. We have our own PVC raw materials manufacturing company, all the PVC we produced are compliance with European EN71, American ASTM standard and NON PHTHALATE (6P) standard.

Inflatable River Tube,River Run,River Float Tubes,Lazy River Water Park

P&D Plastic Manufacture Co., Ltd , https://www.leadingproduction.com