China Wind Turbine Industry Report, 2013-2016 released by Sino Market Insight predicts that by 2016, China's wind turbine output will remain at about 7.4 million sets.
In 2011, China's wind turbine output hit 7.459 million sets, up 242,000 sets year on year; the wind turbine output value amounted to RMB22.97 billion, representing an increase of 23.1% over the previous year. In 2012, Chinas wind turbine output reached 7.246 million sets, down 214,000 sets year on year; the wind turbine output value totaled RMB26.43 billion, showing a growth of 15.0% over the previous year. In 2012, the decreasing output and increasing output value of wind turbines in China indicated that the proportion of higher value-added products was on the rise in wind turbine market segments.
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