At present, China is in a critical period to promote industrialization, the main task is a major industrial country into an industrial power, in the process, the high-end equipment manufacturing industry will play an important role, so the high-end equipment manufacturing will become China's equipment manufacturing industry, "second Five Year Plan" focus.
State Council issued the "speed up the cultivation and development of emerging industries of strategic decision" to air equipment industry, the satellite industry, rail transportation equipment manufacturing, marine engineering and equipment manufacturing, intelligent manufacturing equipment industry, segments included in the five major strategic of new industries. Five high-end equipment segments, the market capacity than the industry considerable development potential. To high-speed rail, for example, China's railway construction is expected in 2010 and 2012, total investment will be at least maintained at the level of 800 billion yuan; and aviation equipment industry, because of the large aircraft project, the development of regional aircraft, low and opening up opportunities for more is promising.
Focus on high-speed rail and rail transportation equipment, with a market advantage, new business development trend of China South Locomotive good (601 766), the domestic marine engineering equipment rookie and leading the global container industry, CIMC, marine equipment and strong technical strength and has a large ship design and manufacture of military and civilian capabilities of China's heavy industry, engineering machinery enterprises Zoomlion and Sany Heavy Industry, as well as bearings and heavy-duty machine tool industry has a leading position in the shares of Pegasus