Innovation For Progress Relay Industry to Grab New Opportunity It is reported that in 2011, China relay export revenue reaches more than USD38 million, although a drop of 38.52 percent year on year (YoY) and the link relative ratio has 2.02% growth. The impact on the domestic market is weakened due to the pace of import slows down. In November, the relay import revenue is USD35.46 million, down 39.58% YoY and the link relative ratio decreases by 8.74 percent.
The figures show that the international financial crisis has impacted the relay industry seriously. In such a severe situation, the whole industry struggles to fight with perseverance, and now the situation is taking a turn for the better.
The relay industry has a favorable turn and our economic operation sees a good momentum because of the increasing positive factors. But we should make it clear that the foundation of economic recovery remains unstable, unconsolidated and imbalanced, being reflected in the following aspects:
Firstly, the prospect of international financial crisis is still not so bright and this may last for a long time due to high pressure of declining external demand.
Secondly, economic development lacks of driving force and energy to overcome …