In 2010, the overall status of the machinery industry improved

This year, the overall state of China's equipment manufacturing industry has improved. The situation of production and sales of enterprises in the industry has improved, but the dependence on supporting policies has continued to increase. With the continued emergence of policy effects, the equipment manufacturing industry will continue to maintain stable operation in the second quarter and even the second half of the year. In the context of effectively improving the quality and benefits of industrial growth, the machinery industry will put more emphasis on industrial restructuring this year.

The overall status of the industry improved. "The first quarter of this year, the economic prosperity index of China's equipment manufacturing industry reached 99.4 points, an increase of 0.7 points over the previous quarter, indicating that the industry's boom is indeed continuing to rise." China Machinery Industry Federation Machinery Industry Information Center Bai Yong If the director told reporters. The machinery industry accounts for 80% of the equipment manufacturing industry and is the most important component of the equipment manufacturing industry. According to statistics from the China Machinery Industry Federation in January-February this year, the growth rate of production and sales of the machinery industry in the country was relatively high, reaching more than 45%, and the company's main business income increased by 49% year-on-year. The momentum of the development of the machinery industry was further consolidated. This year achieved a good start.

Bai Yongru reminded at the same time that one of the main reasons for the higher growth in the indicators such as production, sales, and income of the machinery industry in the first quarter of this year was the low base of the previous year, and this does not mean that the industry has entered a fast-growing track. From the perspective of the trend picture of China's equipment manufacturing industry in the first quarter of 2010, the trend of the equipment manufacturing industry's prosperity index excluding random factors has not increased significantly, and the current level of the index has only reached the level of around 2003, so the equipment manufacturing industry The promotion of the degree of prosperity largely depends on the stimulation of macroeconomic policies. With the changes in the pull of relevant policies, the demand of the downstream industry has further driven the deeper structural adjustment of the industry itself, and the pressure on the cost transfer of the upstream industry has increased, the judgment of the overall development situation of the machinery industry still needs to be cautious. optimism.

The pull of policies has been obvious. "Since the first quarter, the three major factors affecting the growth of the machinery industry have been investment growth, domestic demand growth, and export recovery," Bai Yongru said.

From the point of view of expanding domestic demand, the investment in fixed assets of the downstream industry of the machinery industry maintained its growth momentum. In January-February 2010, China's industrial fixed asset investment increased by 21%, of which coal mining and washing industry investment 10.4 billion yuan, an increase of 24.3%; electricity, heat production and supply industry investment 67.3 billion yuan, an increase of 6.6%. The machinery industry itself also completed a total investment of 97.4 billion yuan, a year-on-year increase of 18.4%, of which the electric, automotive, basic parts, and machine tools industries have large investments. A certain amount of fixed asset investment will continue to provide procurement for construction equipment, public facilities and equipment, construction electrics, and new equipment in industries such as energy, materials, and manufacturing, and continue to create market space for the machinery industry.

From the point of view of expanding consumption, under the policy of persisting in expanding domestic demand, in particular, enhancing consumer spending on economic growth, the government continues to promote home appliances, agricultural machinery, automobiles, and motorcycles to the countryside, and purchase tax for small-displacement passenger cars. The policy is also continuing. At the same time, the state actively encourages trade in new products such as automobiles and home appliances, and continues to increase the intensity and scope of purchase subsidies for agricultural machinery and equipment. These policies and measures have effectively promoted the further entry of mechanical products into the consumer life and rural markets.

From the perspective of expanding exports, the export of mechanical products showed signs of recovery. From January to February 2010, the machinery industry exported 33.77 billion U.S. dollars, a year-on-year increase of 25.8%; the total volume of imports and exports reached 64.64 billion U.S. dollars, an increase of 31.7% year-on-year, and achieved the first positive growth since 2009. In several industries where exports are large, electrical and petrochemical industries and automobiles have grown rapidly, indicating that the pace of China's mechanical products going abroad has increased again.

"Overall, policy factors have played a crucial role in supporting the development of the industry." Bai Yongru believes that whether it is expanding domestic demand, investment growth to maintain growth, or to encourage the development of small-displacement cars and start the rural market are measures Directly acting on the target market for subdividing machinery products has produced tangible results. In addition, the implementation of the VAT reform in China has mobilized the enthusiasm of all parties for the purchase of machinery and equipment. The above-mentioned policies and measures have strong pertinence and directly stimulated the production and sales of related mechanical products, which has stimulated the rebound in the efficiency of machinery enterprises.