改革指引投资预期：十八届三中全会指向渐进式的改革，旨在控制风险、激活经济，而非破坏性的重建。国内投资增速下行缓慢：013年以来，我国城镇固定资产投资增速保持在20%左右，但新开工项目计划总投资增速仅为14.3%，预示着2014年投资增速仍将缓慢回落。海外经济运行平稳。机械产品需求企稳，部分行业产能有所去化。

未来两年高铁线路密集投运，动车组迎来交付高峰。顶层设计铁路体制改革，多举措提升投资回报吸引社会资本参与。高铁外交加快推进中国高铁走向海外市场。

全球制造业之变革：产业再转移，美国重返制造业。制造业微笑曲线必须向两端移动。中国机械行业上市公司现状。机械行业自上而下投资逻辑。机械行业自下而上投资逻辑。

Japan is a potential market for the manufacture of commercial aircraft parts and MRO services. Currently, there is no company in Japan that completely manufactures commercial aircraft. Thus, the country relies on the import of commercial aircraft from other regions such as North America and Europe. However, there are some vendors in Japan that manufacture commercial aircraft parts for Airbus SAS, The Boeing Co., Bombardier Inc., and Embraer SA. Mitsubishi Heavy Industries Ltd. is one such player in the country; Mitsubishi Heavy Industries is in the process of manufacturing MRJ, which is expected to be launched in the market in the coming few years.

China has emerged as the world's second largest country for the Aviation market. With a GDP growth rate of more than 7 percent, the country exhibits excellent opportunities, especially in the Aerospace market. Owing to this tremendous growth, there has been an increase in demand for commercial aircrafts by airline companies. The Chinese government is also increasingly encouraging Chinese companies to manufacture indigenous commercial aircrafts to meet the rising demand and also to boost the economic growth of the country. An increase in the Manufacturing sector would enhance the employment rates and GDP of the country.