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In 2005, the total output value of European countries’ machinery reached 470 billion euros, an increase of 4.4%. Among them, Germany, Italy, France and the United Kingdom accounted for 70% of the total value of European machinery. In recent years, the Asian machinery output value has continued to grow steadily. In 2005, Asia has become the world's second largest machinery manufacturing region, accounting for one-third of the world's machinery output value.
China becomes the fourth largest machinery producer in the world
China's machinery output value reached 110 billion euros in 2005, an increase of 25%, becoming the world’s fourth largest after the United States (250 billion euros), Japan (177 billion euros, up 4%) and Germany (165 billion euros, up 5.8%). Machinery producer.