Development Status and Introduction of Reducer Industry in China

According to the data of China's Speed Reducer Industry Market Prospect and Investment Strategic Planning Analysis Report, the overall operating index of China's decelerator manufacturing industry showed an increasing trend in 2011-2012. In 2012, the total industrial output value of the industry was 65.08 billion yuan, an increase of 8.06% over the previous year, and the sales revenue was 64.365 billion yuan, an increase of 7.23% over the previous year. The total assets and liabilities of the industry are 52.378 billion yuan and 26.805 billion yuan respectively. Under the new statistical caliber, there were 439 enterprises with industry scale (20 million yuan) or more in 2012, with 74 701 employees and a total profit of 4.704 billion yuan.