Machinery Industry Made A Good Start Production And Sales Growth Were Maintained At 45%

This year, China’s machinery industry production continued in the second half of last year’s upward trend continues to improve, production and sales growth compared to last year have greatly improved, the first two months of production, sales growth of 45% or more export delivery value of output growth and new products are also much improvement. Machinery Industry Federation of Machinery Industry in the information center 119 of this major product statistics, there are 107 kinds of products added up the total of 89.92 percent reported product variety. As follows: production and sales growth were maintained at more than 45%

    1 ~ 2 months of this year, machine-building industry completed a total industrial output value of industry-wide 1.753103 trillion yuan, up 45.49 percent, the growth rate increased 42.59 percent over the same period last year, compared with last year’s growth rate increased 29.42 percent. Completed the first two months of sales industry-wide value 1.704348 trillion yuan, up 46.59%, the growth rate increased 44.48 percent over the same period last year, compared with last year’s growth rate increased 30.48 percent. Machinery industry sales growth of a substantial increase in both low growth factor last year, also shows that the production machinery industry has maintained its upward trend since late last year, rebound further enhanced.

    Automotive and construction machinery industry robust growth

    Statistics show that 12-year industry, machinery industry showed a growth of production, in which the growth rate compared with last year more than 50% have two cars and construction machinery industry, including the fastest-growing auto industry, 1 to 2 month production rose 81.61 percent; construction machinery industry rose 51.9%. An increase of more than 30% are agricultural machinery, internal combustion engines, machine tools, electrical appliances and machinery industries five basic parts industries. An increase of 20% or more have the equipment and meters, cultural and office equipment, petrochemical and food packaging industries Universal 4 industries. The lowest year on year growth of heavy industry, mining, 1 to 2 months up by 19.61%, with the same period (15.75%) and last year (14.84%) of growth compared to growth was relatively stable.

 Output growth of state-owned enterprises highlight new products

    1 to 2 months, the industry completed a total mechanical output value of 342.652 billion yuan of new products, its growth rate increased 73.6 percent over the same period last year, compared with last year increased 44.04 percent, higher than 22.29 percent of industrial output value realized rapid growth. Holding companies from different perspective, 1 to 2 months of new product output value of state-owned enterprises outstanding growth, up 77.01 percent; growth respectively, compared with private and foreign-funded enterprises 29.93 and 9.94 percentage points higher.

    Machinery products export value ratio down

    1 February, the industry completed a total export delivery value of 173.024 billion yuan, up 19.02% year on year growth rate (-19.26%) increased 38.28 percent. But the export value of machinery products last year than the rate of decline, 1 to 2 months fell by 2.35 percentage points; than last year (10.44%) increase compared to 0.29 percentage points lower. Export delivery value of the rate greater decline compared with last year the industry are: internal combustion engine, heavy-duty mining, petrochemical, general and mechanical engineering industries, down nearly 2 percentage points (see table 2).

    Completion of the main products in good yield

    1 to 2 months the industry sales rate of 97.22% of mechanical products over the previous year (96.49%), increased 0.73 percentage points; also slightly higher than the national industrial product sales rate (97.20%) 0.2 percentage points.

    In this statistics 119 major products, the cumulative increase of 107 kinds of products, accounted for 89.92% reported product variety; to double-digit growth of 97 products, accounting for all the submitted products, 81.51%; 11 products yield less than last year, accounting for 9.24% of reported products. Completion of specific products is as follows:

First, there are 31 kinds of products to maintain output growth above 60%. 1 February this year, medium-sized tractors, food processing machinery, engines, automobile engines, excavators, loaders, automotive instrumentation, fans, gas compressors, refrigeration equipment, compressor, air pollution control equipment, water pollution control equipment , solid waste handling equipment, internal combustion forklifts, CNC metal forming machine tools, CNC equipment, wind turbines, low-voltage switch boards, bearings, pneumatic components, metal containers, cars, multi-passenger cars, sport utility vehicles , medium and large passenger and cargo vehicles and other 31 kinds of product output recovered rapidly, its growth rate is kept above 60%, well above the level of last year, accounting for 26.27 percent of products monthly report.

    Second, production in some industries are still in the doldrums, the market demand. Statistics show that in this statistics 119 major products, crop harvesting machines, combines, analytical instruments and devices, environmental monitoring, special instrumentation, noise and vibration control devices, metal rolling equipment, generator, power station steam turbine, transformer, transformers, and powder metallurgy parts and some other products output declined.

    Third, individual product output growth slowed down compared with last year, these products mainly include gas separation and liquefaction equipment, generator set, high voltage switchgear, industrial electric furnaces and electric hand-held tools.