
COMPANY INTRODUCE
China Hongyang Group, is an integrated enterprise with the research & development, production and marketing of Fuel Dispenser and related accessories as well as service station concerning equipments. It concentrates on the relative manufacture & services of filling station such as Hongyang tax control Fuel dispenser, IC Card fuel dispenser, manage system of network for stations, submerge pump and liquid level devise. China Hongyang Group, designed supplier of SinoPec and PetrolChina, our HONGYANG products have been sold to over 50 countries in South-east Asia, Mid-east, Africa, Europe and well received in their markets.
we are committed to create the best workplace, encourage our staffs to put their own personalities into their jobs, and provide them a stage to show themselves.
ees on the payroll—only to discover they have starved new firms of manpower and credit. Big
models, which span all the markets in an economy, can make policymakers think twice about the knock-
on effects of their decisions.
Wassily Leontief was one of the first to do more than just theorise about this tangled web of
interdepen fuel dispenser dence. In 1941 he published his book “The Structure of American Economy� which he updated
a decade later. fuel dispenser Tucked in the back was a 55cm x 65cm table—too big to be printed in the book itself�
showing the flow of commodities and services back and forth among America s households, trading
partners and 41 national industries. Of the $5.58 billion-worth of yarn and cloth that passed out of
America s factory gates in 1919, for example, $318m was exported, $41m was used up in agricultural
production, $31m in making furniture, $6m in the shoe industry, and so on. In Leontief s blueprint, each
industry is represented by an equation. The inputs to the industry are entered on one side of the
equation, the industry s output appears on the other. Since the output of one industry (steel, for
example) serves as an input for another (construction), one cannot solve any equation without solving
them all simultaneously.
In the palm of their hands
Short of good data, and stretched to their computational limits, the early modellers nonetheless had high
ambitions. They aimed not merely to understand the economy, but to run it. Leontief s book was
translated into Russian; his techniques studied by Soviet planners. Leif Johansen, a Norwegian economist
often credited with building the first CGE model, put his handiwork to use at Norway s planning ministry.
During the second world war, the stewards of America s war effort turned to the Cowles Commission, an
economics brain-trust, to help them ration America s resources. “We imagined that we held the well-
being of the economy right in the palms of our hands,�one of the Cowles economists told a journalist,
David Warsh. fuel dispenser