On October 7, reporters learned from the China Machinery Industry Federation that from January to August this year, the machinery industry achieved a total export volume of US$522.2 billion, a year-on-year increase of 8.2%. The trade structure of the machinery industry continues to be optimized, with general trade accounting for more than 70% of total exports. my country's machinery companies are actively exploring foreign trade development momentum, and various foreign trade methods such as leasing trade and exporting goods for foreign contracted projects have accelerated their development. From January to August, the growth rates of the above export methods exceeded 40%.
The reporter also learned that my country’s machinery industry’s exports to the EU and countries co-building the “Belt and Road” have maintained growth. In addition, the export structure of machinery products continues to upgrade, and the export situation of high value-added products is good. From January to August, the export growth rate of automobiles, cranes, and loaders all exceeded 60% year-on-year.
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