For 2011, China ultrafine mill industry had the memorable development, and the market gone ups and downs. With the European economic crisis and the block of rail way construction, China ultrafine mill industry requires flying development in the Year of Dragon.
Investment: Real estate, Highway construction develop slowly
For engineering industry, real estate is important in the past 5 years and its investment took up 23% of fixed assets. Through the policy control for 2 years, recent real estate stands in important milestone. According to the experiences, the sharply shirking of sales volume must make the investment speed slow in a large degree.
In highway construction, the attention is a little weak. The main test is in the aspect of the financial strength of financing platform and financing capability. Although the tone of 2012 is still for active fiscal policy, but the highway construction still faces the awkward situation of no investment.
Anticipation: Potential investment on Highway, Mine quarry and Water conservancy
According to information, the two most important pressure existing in railway construction is Capital and Security. Security decides that the investment will not be as large as input in the first three years to the whole '1025' period and the engineering equipment pulls function abate. Recently, with the biggest problem of Capital, in the high debt, a lot of the shutdown in short time of the project is unlikely to return to work with the high debt and influence financing channel.
Under the high prices in resources and steadily rising demands, the fixed assets of mine quarry have continuous growth. In 2012, in the environment of global economic slowdown, the resource prices are expected to fall, but the possibility is small. And the expectations of domestic mining investment remain steady growth.
Form 'a date file' of 2011 which locks water conservancy construction, the whole society pays great attention to water conservancy construction. In the first 11 months of 2011, the fixed assets investment in water management is higher than railway and highway construction. As we all know, 'a date file' in every year is related with the problems that are the social focus and need solved urgently. Therefore, the local government in water conservancy construction will have larger impulse.