Chinese instrument market share in foreign markets continues to expand

Judging from the industry financial data, due to the rapid development of China's economy, the rapid growth of demand in the instrument industry has driven the rapid growth of demand in the instrument industry, and the revenue and profit of the instrument industry have achieved rapid growth of more than 20% for five consecutive years.
Although the overall technical level of my country's instrumentation industry is not strong compared with that of developed countries abroad, the market share of some products in foreign countries has continued to expand in recent years. Data shows that last year, the export delivery value of my country's instrument industry increased by 39.2% year-on-year, and the export value exceeded one-quarter of the total output value. These data show that the rapid growth of the entire industry is significantly driven by exports, but at the same time, the impact of changes in the international market on the entire industry is also increasing.
In terms of exports, labor-intensive products represented by electricity meter and water meter are still the highlights, and my country has now become an exporter of these two types of products.
Judging from the industry financial data, due to the rapid development of my country's economy, the demand for the universal tensile testing machine instrument and instrument industry has driven the rapid growth of demand, and the revenue and profit of my country's instrument industry have achieved rapid growth of more than 20% for five consecutive years. It is expected that in the context of the rapid economic development, the overall growth of the instrumentation industry will remain above 20% this year and next year.