In the first 10 months of the year, the added value of China's machinery industry increased by 5.5 percent year on year, according to data from the China Machinery Industry Federation, the sponsor of the ongoing 2024 Equipment Manufacturing Forum in Chongqing Municipality.
The newly-released data showed stable production and sales of machinery products, with the whole sector witnessing steady growth momentum.
Among the 122 types of machinery products monitored by the federation, 72 registered an increase in output, taking up 59 percent of the total, which was better than the previous year overall.
In terms of investment, fixed asset investment in general equipment, special equipment, and automobile industries in the national economy all achieved year-on-year growth. With respect to foreign trade, the export value of machinery goods in the first 10 months was 710.77 billion U.S. dollars, a year-on-year increase of 9.4 percent, accounting for 24.3 percent of the country's total goods exports.
Added value of China's machinery industry up 5.5 pct
Chinese Vice President Han Zheng met with Deputy Prime Minister and Foreign Minister of Vietnam Bui Thanh Son in Beijing on Tuesday, with both sides pledging to promote the China-Vietnam community with a shared future.
Noting that China and Vietnam are comrades in the socialist cause and good partners on the path of reform, Han said General Secretary of the Central Committee of the Communist Party of China and President Xi Jinping and General Secretary of the Communist Party of Vietnam Central Committee and President To Lam have made strategic plans for advancing the China-Vietnam community with a shared future, providing clear direction for the development of bilateral relations.
Noting that next year marks the 75th anniversary of the establishment of diplomatic relations between the two countries and the China-Vietnam Year of People-to-People Exchanges, Han said the two sides should follow the important consensus reached by the top leaders of the two parties and two countries, maintain strategic communication, expand practical cooperation, consolidate the foundation of public opinion, strengthen multilateral coordination and promote the building of a China-Vietnam community with a shared future, bringing more benefits to the two peoples.
Bui Thanh Son said that developing long-term friendly relations with China is the consistent proposition, objective requirement, strategic choice and top priority of Vietnam's diplomacy.
Vietnam firmly adheres to the one-China policy and is willing to strengthen high-level exchanges, consolidate political mutual trust, deepen pragmatic cooperation with China, and jointly promote the building of a Vietnam-China community with a shared future with strategic significance, he added.
Chinese, Vietnamese officials pledge to promote China-Vietnam community with shared future
