Since the first half of this year, the growth rate of production and sales of China's machinery industry has continued to decline on the basis of a marked fall in the previous year. "The Chinese machinery industry must further accelerate the pace of structural adjustment and realize industrial upgrading under the force of the market's repulsive mechanism," said Cai Weici, executive vice president of China Machinery Industry Federation, on the 23rd.
The China Machinery Industry Federation announced on the 23rd the economic performance of the machinery industry in the first half of the year. In the first half of the year, China's machinery industry accumulated a total industrial output value of 8.7 trillion yuan, a year-on-year increase of 12.17%. Prior to this, in 2011, the machinery industry increased by 25.06% year-on-year, and it increased by 33.93% year-on-year in 2010.
“This year is the most severe year for the machinery industry after the international financial crisis in 2008. Since the beginning of the year, the growth rate of the machinery industry's production and sales continued to fall on the basis of a marked fall in the previous year, and the decline and duration of the machinery industry exceeded the original. Expected.†Cai Weici said.
Since the beginning of this year, the growth of China's machinery industry has been sluggish, with total profits showing a negative growth at the beginning of the year. In addition, the growth rate of investment in fixed assets has continued to fall, financial costs have grown rapidly, prices of products have fallen, and orders have been insufficient... The industry is facing many difficulties and unfavorable factors.
“In this situation, the adjustment of the industrial structure of the machinery industry is very urgent. More and more first-tier companies have already gained a close understanding and adopted positive actions. It can be said that the market mechanism has forced the adjustment of the industrial structure.†Cai Weici said.
It is understood that in spite of the severe economic situation in the first half of the year, China's machinery industry enterprises have stepped up the development of the international market, and the recent export momentum is good. From January to May, the accumulated export volume of the machinery industry was 141.5 billion U.S. dollars, a year-on-year increase of 15.78%, and the growth rate was higher than the national foreign trade export (8.7%) by 7.08 percentage points.
“Export has driven the upgrading of related products in China's machinery industry. Under this situation, companies are paying more attention to scientific and technological innovation, research and development of high-end equipment manufacturing, and improving the industrial level of the machinery industry.†Cai Weici said that many companies have stepped up their technological transformation efforts. , increase the upgrading of products, to achieve a high growth efficiency and production and marketing.
It is understood that in the Chinese machinery industry, private enterprises and small enterprises have demonstrated stronger development vitality. In the first half of the year, privately-owned machinery enterprises realized a total output value of 4.79 trillion yuan, an increase of 17.47% year-on-year, 5.3 percentage points higher than the entire industry, and their share increased to 55%; the total industrial output value of small-scale enterprises increased by 19.63% year-on-year, far higher than the same period The growth rate of large-scale enterprises (7.35%) and medium-sized enterprises (8.29%) "This also shows that the Chinese machinery industry's ability to cope with the market has gradually increased."
In addition, China has a vast territory. Under the guidance of the national industrial policy, investment in machinery industry was gradually transferred to the central and western regions. In the first half of the year, the total output value of the machinery industry in the central and western regions increased by 19.18% and 11.47% respectively, which was higher than the 9.05 and 1.34 percentage points in the eastern region.
"Overseeing the development of the machinery industry in the first half of the year, China's macro-control and market mechanisms have a significant impact on the structural adjustment of the machinery industry." Cai Weici said that in the face of a severe macroeconomic environment, China's machinery industry must still step up structural adjustment efforts. Make long-term efforts for industrial upgrading. He also predicted that the production and sales of China's machinery industry will increase by about 14% year-on-year, profits will increase by about 5%, and exports will increase by about 15%.
The China Machinery Industry Federation announced on the 23rd the economic performance of the machinery industry in the first half of the year. In the first half of the year, China's machinery industry accumulated a total industrial output value of 8.7 trillion yuan, a year-on-year increase of 12.17%. Prior to this, in 2011, the machinery industry increased by 25.06% year-on-year, and it increased by 33.93% year-on-year in 2010.
“This year is the most severe year for the machinery industry after the international financial crisis in 2008. Since the beginning of the year, the growth rate of the machinery industry's production and sales continued to fall on the basis of a marked fall in the previous year, and the decline and duration of the machinery industry exceeded the original. Expected.†Cai Weici said.
Since the beginning of this year, the growth of China's machinery industry has been sluggish, with total profits showing a negative growth at the beginning of the year. In addition, the growth rate of investment in fixed assets has continued to fall, financial costs have grown rapidly, prices of products have fallen, and orders have been insufficient... The industry is facing many difficulties and unfavorable factors.
“In this situation, the adjustment of the industrial structure of the machinery industry is very urgent. More and more first-tier companies have already gained a close understanding and adopted positive actions. It can be said that the market mechanism has forced the adjustment of the industrial structure.†Cai Weici said.
It is understood that in spite of the severe economic situation in the first half of the year, China's machinery industry enterprises have stepped up the development of the international market, and the recent export momentum is good. From January to May, the accumulated export volume of the machinery industry was 141.5 billion U.S. dollars, a year-on-year increase of 15.78%, and the growth rate was higher than the national foreign trade export (8.7%) by 7.08 percentage points.
“Export has driven the upgrading of related products in China's machinery industry. Under this situation, companies are paying more attention to scientific and technological innovation, research and development of high-end equipment manufacturing, and improving the industrial level of the machinery industry.†Cai Weici said that many companies have stepped up their technological transformation efforts. , increase the upgrading of products, to achieve a high growth efficiency and production and marketing.
It is understood that in the Chinese machinery industry, private enterprises and small enterprises have demonstrated stronger development vitality. In the first half of the year, privately-owned machinery enterprises realized a total output value of 4.79 trillion yuan, an increase of 17.47% year-on-year, 5.3 percentage points higher than the entire industry, and their share increased to 55%; the total industrial output value of small-scale enterprises increased by 19.63% year-on-year, far higher than the same period The growth rate of large-scale enterprises (7.35%) and medium-sized enterprises (8.29%) "This also shows that the Chinese machinery industry's ability to cope with the market has gradually increased."
In addition, China has a vast territory. Under the guidance of the national industrial policy, investment in machinery industry was gradually transferred to the central and western regions. In the first half of the year, the total output value of the machinery industry in the central and western regions increased by 19.18% and 11.47% respectively, which was higher than the 9.05 and 1.34 percentage points in the eastern region.
"Overseeing the development of the machinery industry in the first half of the year, China's macro-control and market mechanisms have a significant impact on the structural adjustment of the machinery industry." Cai Weici said that in the face of a severe macroeconomic environment, China's machinery industry must still step up structural adjustment efforts. Make long-term efforts for industrial upgrading. He also predicted that the production and sales of China's machinery industry will increase by about 14% year-on-year, profits will increase by about 5%, and exports will increase by about 15%.
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