China's machinery industry is growing under the background of market downturn

Abstract From the analysis of the situation of the machinery industry, the growth rate of enterprises' hand-held orders is not low, and it is expected that there will be no problems causing the ups and downs of production. In the second half of the year, the economic performance of the machinery industry continued to grow steadily. At present, China's machinery industry is in a downturn in the market, and the uncertainty of economic trends has increased...
From the analysis of the situation of the machinery industry, the growth rate of the company's hand-held orders is not low, and it is expected that there will be no problems causing the ups and downs of production. In the second half of the year, the economic performance of the machinery industry continued to grow steadily. At present, China's machinery industry is in the background of market downturn and uncertain economic trends. This year, China's machinery industry has still actively promoted the adjustment of industrial structure, making the operation of the whole industry show a slow recovery and moderate growth momentum.

It was learned from the China Machinery Industry Federation that in the first 10 months of this year, the export delivery value of China's machinery industry increased by about 1.2% year-on-year, and the cumulative growth rate of export delivery value showed a slight rebound for three consecutive months. In terms of the types of enterprises, private enterprises grew by about 6% year-on-year, up by 0.08 percentage points from the previous month. Although state-owned and foreign-funded enterprises fell by about 6% and 0.05% respectively, the decline was narrowed by 0.66 from the previous month. And 0.7 percentage points.

In addition, in the first 10 months of this year, a total of more than 19.37 million vehicles were produced, a year-on-year increase of 17%. The growth rate has also shown a steady growth momentum, and has remained above 15% for seven consecutive months. From the perspective of different models, the growth of multi-purpose passenger vehicles and sporty multi-purpose passenger vehicles has increased rapidly, with an increase of 88% and 55% respectively, and the number of basic passenger vehicles has increased by 17%.

According to the relevant person in charge of the China Machinery Industry Federation, the total demand for Chinese machinery products in the next year will be expected to maintain a steady growth at medium speed, and it is expected that there will not be too much fluctuations. During the period, demand for high-end machine tools will rise, the construction machinery market will pick up, and the growth rate of automobile production and sales will gradually decline.

Industry experts stressed that in the future, China's machinery industry needs to further accelerate the pace of structural adjustment and promote transformation and upgrading. Heavy industrial development is the main growth point of China's economic prosperity in this round and has become an important force driving China's economy. China is in the middle stage of the development stage of heavy machinery and heavy chemical industry. This stage will continue for a long time, the development of heavy machinery industry. It should be faster than the development of light and medium-sized mechanical products. Correspondingly, the development speed of the large-scale and heavy-duty machine tools industry will be much faster than that of small and medium-sized machine tools. The development prospects of the large and heavy-duty machine tools industry are promising.

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