From January to May of 2009, China's instrumentation manufacturing industry realized a total sales revenue of 175.969 billion yuan, a year-on-year decrease of 2.18%, a decrease of 18.67 percentage points from the same period of last year. Compared with January to February, the situation has improved. At the end of May, China's instrument and meter manufacturing assets amounted to 393.809 billion yuan, an increase of 8.15% year-on-year, a deceleration of 8.98 percentage points from the same period of last year; the number of companies was 5425, an increase of 767 from the same period of last year; The average number was 1.0355 million, a decrease of 70,500 people over the same period of last year.
With the deepening of new energy and smart grid construction, the instrumentation industry is gradually picking up. China's instrumentation industry has been growing at a rate of more than 20% for four consecutive years and is at a high speed and stable development stage. The restructuring and transformation of instruments and meters are relatively fast. A considerable part of state-owned enterprises have already become private, and foreign-funded enterprises account for about half of the total.
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