Machinery industry enters adjustment period

Machinery industry entered the adjustment <br> <br> formal structure adjustment machine structure mainly around energy efficiency and alternative people unfold. Therefore, we are more optimistic about high-end equipment, energy equipment, and consumer-driven mechanical fine-molecule industries. Structural changes in these industries will bring investment opportunities.

Domestic oil and gas supply gap of oil and gas service industry set <br> <br> welcome investment opportunities with the expansion of domestic oil and gas supply gap, the old oil fields to increase production, offshore oil and gas field development, unconventional oil and gas development has become a new driving force of Oil and Gas Equipment and Services Industry The application and service of related equipment have more room for development and are expected to usher in investment opportunities.

Intelligent equipment is the fastest growing sub-sectors <br> <br> high-end equipment as a key industry, "second Five Year Plan" has gone through three years. After the high-speed rail equipment was adjusted during the EMU accident, the bidding was restarted. In particular, in the fourth quarter, railway investment has also begun to accelerate and the future switch between infrastructure investment and vehicle investment will bring investment opportunities for railway equipment listed companies.

With the rise of domestic labor costs, the minimum wage has been mentioned again, and the manufacturing industry has been unable to bear the high labor costs. Smart equipment will help China to achieve "China's intellectual creation."

To benefit from the food crisis, the efficiency of land use will continue to increase, and the agricultural machinery industry will benefit from government support. The industry outlook for the next year will continue to rise. In the consumer sector, the pace of high-end consumption has accelerated, and the yacht industry has continuously entered the consumer vision.