Industry Actuality:
         Now there are 211 mechanical and electrical tools manufacturing companies. The total asset is RMB 8.81 billion. And there are 61 thousand staff members. In 2002, the selling income is RMB 20.7 billion. The main products are: universal machinery, printer, wood working machinery, constructing machinery, tool, air harbor equipment, high-efficiency electric machinery, etc.

        Development emphasis:
       By using foreign capital or cooperating, importing foreign key technology and equipment, adjusting product’s structure, product’s grade, scope and market occupancy will be improved. Special machinery equipment will put emphasis on constructing four bases: The largest woodworker machinery producing base in China will be constructed as the cock of Gongyou Group and Woodworker Machinery Group. The largest small-scope offset point printing machine producing base in China will be constructed as the cock of Printing Machine Factory and Bintian Printing Machine. The largest tower-machinery producing base will be constructed as the cock of Huaxia Group and Wendeng Huata Construction Machinery Company. Air ground equipment producing base will be constructed as the emphasis of Guangtai Air Harbor. Currency machinery equipment will put emphasis on developing two series of products. The current products should be numerical control reconstructed as the emphasis of Huadong Numerical Control Co., Ltd. and Rongcheng Forging Press Machine Tool Factory and should form scopes. Kind and scope of electronic machinery and pump products will be enlarged and form industrial advantages as the cock of Shuanglun Group, Huali Electronic Machine Co., Hengda Electronic Machine Co. Machine tool accessories and tools products should put emphasis on developing Weili Tool Co., Weida Machinery Co. and construct the largest exporting base of machinery electric tool products in Asia.

        Developing Goal:
        By 2005, the selling income of mechanical and electrical tool industry can reach RMB 35 billion. By 2010, the selling income can reach RMB 85 billion.