Catch orders busy production to promote the industrial economy positive recovery

17-02-2023

Catch orders busy production to promote the industrial economy positive recovery

sofa legs

Since the beginning of the year, "busy" has become the key word of industrial economy. Grasp the project, catch orders, fight production, workshop machinery roar, enterprise full of energy

Enterprise production seize the time limit. Trucks line up for loading at Hengan International Group Co LTD's Jinjiang production base. "Production has been at full capacity since January, and the group's seven papermaking bases across the country have all reached full capacity." Chen Ping, deputy general manager of Hengan (China) Paper Co., LTD., said, "Orders in the first quarter of this year increased by more than 20 percent year-on-year."


The manufacturing PMI returned to expansion territory after three consecutive months of contraction, according to data released by the Service sector Survey Centre of the National Bureau of Statistics and the China Federation of Logistics and Purchasing. In January, the new orders index was 50.9%, up 7 percentage points from the previous month. As the epidemic prevention and control has entered a new stage, the order of production and life has been gradually restored, and the business level of the manufacturing industry has picked up quickly.


"Notably, the raw materials inventory index rose to 49.6 percent in January, the highest since 2019, indicating that companies have stepped up purchasing and stockpiling raw materials for production." Wen Tao, an expert at the China Logistics Information Center, said a series of indicators sent positive signals, indicating that market expectations are improving.


According to our statistics, on the seventh day of the first lunar month this year, more than 90% of the machinery industry enterprises have resumed work and production. Companies have a strong desire to grab orders and expand the market." Chen Bin, a member of the Standing Committee of the Party Committee of the China Machinery Industry Federation, said that at present, many major projects and key projects are under construction, and the demand for machinery products is strong and orders are stable.

In recent months, our company has also begun to take orders in a comprehensive way. Every day, we are working overtime to produce a large number of sofa feet, cabinet handles, etc., making contributions to the recovery of economy.


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