The development pace of the instrumentation industry is not slowed by the financial turmoil

The instrumentation industry has maintained a high level of economic operation for six consecutive years. Although the global economy is currently affected by the financial turmoil, Dongpu has slowed down in various industries. However, from the current situation, the growth rate of the instrument industry has not slowed down.

Dong Jingchen, deputy secretary-general of the China Instrument and Meter Industry Association, pointed out: "There are two main reasons. First, the country's economy is still operating at a high level. According to past experience, if GDP growth is above 10%, the growth rate of the instrument industry will be Between 26% and 30%, the second is that there is a lag period in the impact of the national macro-control on the instrument industry, and the instruments are often delivered only later in the project. Therefore, the investment that is reduced due to macro-control policies will not affect the instrument industry this year. It will be too big."

Foreign instrumentation companies began to change their investment methods, which were originally based on sole proprietorship. This change is mainly reflected in two aspects. First, it has begun to focus on acquisitions and mergers and acquisitions of outstanding domestic production companies. Second, the proportion of commissioned production has continued to rise. It is not easy for foreign companies to acquire outstanding domestic companies. At present, the government's support for the instrumentation industry is growing. Last year alone and in the first half of this year, the Ministry of Science and Technology has set up six research topics on instrumentation, and government financial support has exceeded 100 million yuan. This unprecedented level of support allows domestic excellent instrument manufacturers to have a broader space for development.