German machine industry order number 55%
German machine manufacturers association (VDW) issued on February, 2009 machine industry in Germany last order quantity reduced 55%. Among them, the domestic market, export orders fell 61 percent decline by 50%.
In the fourth quarter, Germany in 2009 machine industry order a 2008 growth 12%. It is five quarters for the first time since the German machine orders increase. Among them, domestic and overseas orders fell by 16% increase more than 38 but orders. "By December 2009, orders for four months achieve growth in 2008, and not because of low base, instead, from 2009 summer, order climbed 60%." German machine manufacturers association, executive chairman said.
At the same time, he also confident that machine industry are now being restored. Germany's growth is being machine orders overseas market, especially in the Chinese market demand.
