China's electric tools business development opportunities welcome good

China is now the world's largest producer and exporter of power tools, power tools industry in 2013 revenue of about 60 billion yuan, of which more than 60% is exported. 2007 China's electric tool industry boom higher overall exports amounted to 192 million units, while the global financial crisis in 2008, the export volume dropped to 160 million units minimum; but in 2013 the whole export volume reached 201 million units (up 5.24%), exports amounted to $ 6.207 billion (an increase of 9.24%), a record high.

Especially in the fourth quarter of 2013, electrician tools to enhance export growth is more obvious: power tools for 13 years in the fourth quarter growth rate reached 18.52 percent overall exports, electric tool parts exports growth rate of 103.94 percent, quarter by quarter improvement trend more obvious. We expect that with the end of the further recovery of overseas economies, as well as unilateral RMB appreciation trend of the past 14 years the industry's export growth will be better than 13 years. As far as we communicate with people in the industry point of view, but also to verify the above conclusion.