echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Analysis of the status quo of the operation and development of my country's machinery industry

    Analysis of the status quo of the operation and development of my country's machinery industry

    • Last Update: 2022-07-06
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [ Chemical Machinery Equipment Network Market Analysis ] The machinery industry is the basic industry of the national economy and the equipment industry of the national economy.
    It undertakes the task of providing technical equipment and production tools for various sectors and industries of the national economy.
    The development level of the machinery industry is in To a large extent, it affects or even determines the technological progress and industrial development level of related industrial sectors.

     
    Chemical machinery and equipment network market analysis chemical machinery and equipment
    The growth rate of the added value of the machinery industry slows down
     
    The growth rate of the added value of the machinery industry slows down
    In recent years, the growth rate of my country's machinery industry has slowed down.
    According to data released by *, the overall growth rate of China's machinery industry has shown a downward trend in the first half of 2016-2020.
    It was 5.
    1% in 2019, which was lower than the same period.
    The national industrial average (5.
    7%) is also lower than the 6.
    3% growth rate of the machinery industry last year.
    In the first half of 2020, affected by the epidemic, the growth rate of the added value of my country's machinery industry fell by 1.
    5% year-on-year.
    Industry profits are declining
     
    Industry profits are declining
    In recent years, the overall economic benefits of my country's machinery industry have shown a dynamic trend.
    In 2019, the industry achieved a cumulative operating income of 21.
    76 trillion yuan, a year-on-year increase of 2.
    46%.
    The annual growth rate continued at a low rate, and the growth rate was 1.
    39 percentage points lower than that of the national industry; the total profit was 1.
    32 Trillion yuan, a year-on-year decrease of 4.
    53%, and continued negative growth throughout the year.
    The growth rate was 1.
    24 percentage points lower than that of the national industry.

     

      In 2020, due to the impact of the new crown pneumonia epidemic, the production and operation of the machinery industry suffered a huge impact.
    The main economic indicators fell across the board from January to February.
    They began to stabilize in March, and the trend of stabilization and improvement after entering the second quarter is more clear.
    In the first half of 2020, my country's machinery industry achieved a total operating income of 9.
    55 trillion yuan, a year-on-year decrease of 4.
    94%; the cumulative total realized profit was 552.
    52 billion yuan, a year-on-year decrease of 7.
    09%.
      Product production gradually weakened
     
    Product production gradually weakened
      Since June 2018, the production of machinery industry products has gradually weakened.
    Among the key products monitored, the types of output growth have continued to decrease.
    By August and September 2019, they have dropped to a staged low point, and the number of output growth varieties accounted for only 120 key products.
    35.
    8% of the product.
    Since then, it has stabilized and rebounded month by month.
    Among the main products in 2019, the output of 50 products increased year-on-year, accounting for 41.
    7%; the output of 70 products decreased year-on-year, accounting for 58.
    3%.

     

      The increase or decrease in the output of main products showed the following characteristics:
      Trade surplus continues to expand
     
    Trade surplus continues to expand
      From the perspective of import and export, my country's machinery industry achieved a total import and export volume of 773.
    5 billion US dollars in 2019, a decrease of 2.
    08% from 2018.
    Among them, imports were 315.
    1 billion U.
    S.
    dollars, down 6.
    5% from 2018, and the value of imports in the 14 sub-sectors all grew negatively; exports were 458.
    4 billion U.
    S.
    dollars, an increase of 1.
    22% over 2018.
    The fourteen sub-sectors included internal combustion engines, cultural and office equipment, electrical appliances, The export of mechanical basic parts and the automobile industry declined, and the export value of the other nine sub-sectors increased.
    The machinery industry achieved a cumulative trade surplus of US$143.
    3 billion throughout the year, which is an increase from 2018.

     

      In the first half of 2020, under the impact of the new crown epidemic, the import and export scale of my country's machinery industry has declined.
    In the first half of 2020, the total import volume of the industry is 138.
    6 billion US dollars, the total export volume is 205.
    6 billion US dollars, and the trade surplus is 67 billion US dollars.
      Industry* growth trend remains unchanged
     
    Industry* growth trend remains unchanged
      Since 2020, in order to alleviate the difficulties caused by the epidemic to the production and operation of enterprises, relevant national and local government departments have issued a number of support and rescue policies, involving market security, fiscal and tax support, financial support, and employee return to work.
    Play a positive role in boosting market and corporate confidence.
    The restorative construction and investment carried out after the epidemic has released potential markets for the machinery industry and brought new opportunities for structural adjustment, transformation and upgrading of the machinery industry.
    The overall development prospects of the industry are broad.

     

      On the whole, due to the impact of the epidemic in 2020, the industry's operating income is expected to have a small increase compared with 2019, and the revenue in 2020 will be about 22 trillion yuan.
    With the continuous development of the industry, it is expected to reach 24.
    7 trillion yuan by 2025.
      The above data comes from the "China Plastic Machinery Industry Production and Sales Demand and Investment Forecast Analysis Report" by the Qianzhan Industry Research Institute.
    At the same time, the Qianzhan Industry Research Institute provides solutions such as industrial big data, industrial planning, industrial declaration, industrial park planning, and industrial investment promotion.

     
    plastic robot
      Original title: Analysis of the status quo of the development of my country's machinery industry in 2020 The growth rate of the industry has slowed down [Photos]
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.