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China Inverter Welding and Cutting Equipment Industry Report, 2012-2014

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China's economic growth slowed down in 2012, and the growth rates of shipbuilding, construction steel structure, oil and gas pipeline industries decreased to varied extent, thus causing the weakened demand for welding & cutting equipment. In 2012, Chinese welding & cutting equipment market valued RMB33.9 billion with a year-on-year growth rate of 14%, while the growth rate was high up to 20% in 2010 and 2011.As a new type of welding & cutting equipme...

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