According to data released by the China Machinery Industry Federation on August 8, in the first half of this year, the main economic indicators of my country's machinery industry achieved rapid growth.
In the first half of the year, the main economic indicators of the machinery industry achieved rapid growth
Since the beginning of this year, the economic operation of my country's machinery industry has made steady progress, achieved a stable start in the first quarter, and maintained an upward trend in the second quarter. In the first half of the year, the added value of the machinery industry increased by 9.7% year-on-year, which was 5.9 and 5.5 percentage points higher than the growth rate of the national industry and manufacturing industry in the same period. Among them, the electrical machinery and equipment manufacturing industry and the automobile manufacturing industry played a prominent role, with the growth rate of added value reaching 15.7% and 13.1% respectively.
In terms of product production and sales situation, among the 120 major products monitored by the machinery industry in the first half of the year, the output of 58 products increased year-on-year. The capacity utilization rate has steadily picked up. In the first half of the year, among the major categories of national economic industries mainly involved in the machinery industry, the capacity utilization rates of general equipment, special equipment, automobile and electrical machinery and equipment manufacturing industries all exceeded 70%. In addition, economic benefits have also achieved rapid growth.
Luo Junjie, Executive Vice President of China Machinery Industry Federation: Technological innovation in my country's machinery industry has led to the optimization and upgrading of product structure, which has promoted the steady improvement of the main economic indicators of the machinery industry. In the first half of the year, the cumulative operating income of the machinery industry was 13.6 trillion yuan, a year-on-year increase of 9.4%.
Luo Junjie also said that in terms of investment in fixed assets, in the first half of the year, the investment in fixed assets in major categories of national economic industries mainly involved in the machinery industry achieved growth. In addition, the total import and export volume of the machinery industry in the first half of the year was 536.1 billion US dollars, a year-on-year increase of 5.1%. A trade surplus of US$249.1 billion was achieved, a year-on-year increase of 41.2%.
In the first half of the year, there were many bright spots in the operation of the industry
According to the data released by the China Machinery Industry Federation, in the first half of this year, the operation of my country's machinery industry showed several bright spots.
In terms of boosting the green transformation of energy, a batch of internationally advanced equipment has been put into use, and the level of localization has been significantly improved. In the first half of this year, the energy equipment manufacturing industry achieved a cumulative operating income of 2.9 trillion yuan and a total profit of 138.88 billion yuan, a year-on-year increase of 13.9% and 18.1%.
In terms of intelligent and green transformation, in the first half of the year, the machinery industry's strategic emerging industries and related industries achieved a cumulative operating income of 10.9 trillion yuan and a total profit of 607.92 billion yuan, an increase of 10.4% and 15.6% year-on-year, and the growth rate was higher than that of machinery Industry 1 and 3.4 percentage points. The world's first green shield machine and the world's largest tonnage hydrogen energy mining truck have been rolled off the production line and put into use. In addition, the development vitality of my country's machinery industry foreign trade has been further enhanced.
Luo Junjie, Executive Vice President of China Machinery Industry Federation: Under the complex and changing international economic and trade environment, the scale of foreign trade in the machinery industry has grown steadily, the structure of export products has been continuously optimized, and the competitiveness of the international market has been further enhanced. The export of high-tech products increased significantly. In the first half of the year, the "new three" of the country's foreign trade growth momentum - electric passenger vehicles, lithium batteries, and solar batteries, all came from the machinery industry, and the export value increased by 163.8%, 58.1% and 10.4% respectively year-on-year.
Luo Junjie said that Chinese manufacturing has been more widely involved in the construction and development of countries around the world. In the first half of this year alone, the machinery industry has provided machinery and equipment to more than 230 countries and regions around the world. The construction of the innovation system of my country's machinery industry is also steadily advancing. As of the end of June, the number of innovation platforms listed for operation and approved for construction in the machinery industry reached 260. At the same time, my country's machinery industry focuses on short-term issues and aims at the stuck and broken points of the industrial chain. The machinery industry has increased research and development efforts, improved basic capabilities, and made new progress in securing and stabilizing the chain.
In 2023, the growth rate of major economic indicators is expected to be about 5%
The relevant person in charge of the China Machinery Industry Federation also stated that the economic operation of my country's machinery industry will maintain a steady growth in the second half of this year, and the growth rate of major economic indicators is expected to be around 5%.
Industry insiders said that with the overall recovery of the demand market and the support of various national policies, the machinery industry operated stably in the first half of the year, laying a good foundation for the completion of the annual target. Looking forward to the second half of the year, factors favorable to the operation and development of the machinery industry are being released one after another. Macro policy regulation has been strengthened, and a number of policies and measures to promote consumption, stabilize investment, and improve the business environment have been introduced recently, which will further release market potential. Secondly, with the further construction of major projects and key projects in the "14th Five-Year Plan", infrastructure construction is accelerating, and the transformation of traditional industries into high-end, intelligent, and green is accelerating, and the demand market is expected to accelerate recovery.
Luo Junjie, Executive Vice President of China Machinery Industry Federation: We expect that in 2023, the growth rate of indicators such as added value, operating income, and total profit of the machinery industry will be around 5%, and foreign trade imports and exports will be basically stable.
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