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Crimping toolsLow-voltage electrical market in 2010 to maintain high growth |
- 2010-05-08
Low-voltage electrical market in 2010 to maintain high growth
With the rapid development of China's electric power industry, power capacity growth, matched with the huge demand for low-voltage electrical products. Expected "during" the entire society will keep its annual electricity consumption growth rate of 12%, by 2010 the whole of society electricity consumption will reach 4.28 trillion kwh, electricity generation capacity of about 950 million kilowatts, the total installed capacity of 2020 capacity is expected to reach 1.65 billion kilowatts. Grid investment in China in 2008 reached 288.456 billion yuan, is expected to power the two 09 and 10 years in a nationwide network investment quota of at least 930 billion yuan will be.
As the power achieved through the use of low-voltage electrical distribution, is expected to add 10,000 kilowatts capacity each, about 60,000 kinds of low-voltage electrical products with complete, so additional capacity necessary ancillary facilities made would constitute a great low-voltage electrical appliances needs. Low-voltage electrical products are widely used in various industries, and investment in fixed assets related to high. Widely used in low voltage electrical machinery manufacturing, real estate, iron and steel and petrochemical industries, with total fixed asset investment is closely related to low-voltage electrical demand and therefore investment in all sectors of the situation.
Sustained growth in total fixed asset investment to upgrade low-voltage electrical industry boom of the. 2008 total fixed asset investment 17.2291 trillion yuan, up 25.5%; 2000-2008 compound annual total fixed asset investment growth rate of 23.01 percent, driven by this low-voltage electrical industry compound annual growth rate of GDP more than 15%. In addition, in 2008 introduced the 4 trillion investment plans and the revitalization of ten industry planning will continue to be helpful in raising the domestic low-voltage electrical appliances market. Expected by 2011, fixed assets will remain high growth, low-voltage electrical product demand will remain high boom.