With the gradual implementation of various policies to expand domestic demand, the equipment industry maintained double-digit growth for three consecutive months. In July, the added value increased by 15.9%, which was 2.9 percentage points faster than that in June. From January to July, the added value increased by 7.8%, 0.9 percentage points faster than the first half.
Automobile production and sales still maintain a level of more than one million vehicles. In July, China's auto industry continued to maintain strong growth, production and sales have exceeded one million vehicles for five consecutive months, producing 1.14 million vehicles in the same month, an increase of 51.6%; according to the statistics of China Association of Automobile Manufacturers, the country sold 1.09 million vehicles in the month. Vehicles increased by 63.6% year-on-year. From January to July, automobile production and sales volume were 7.31 million units and 7.18 million units, respectively, up 20.7% and 23.4% year-on-year. The production and sales volume of passenger vehicles in the month was 850,000 and 833,000 respectively. The year-on-year growth was 56.8% and 70.5% respectively; the sales volume of commercial vehicles was 259,000 and 253,000, respectively, up 38.7% and 44.2% respectively. The sales of self-owned brand passenger cars totaled 34.6 million, accounting for passenger cars. The total sales volume was 41.5%; the self-owned brand cars sold a total of 159,000 units, accounting for 26.5% of the total sales of cars.
The growth rate of some engineering machinery products declined. The growth rate of concrete machinery, excavators and conveying machinery increased by 37.9%, 12.7% and 6.5% respectively, which was 8.3, 9.1 and 9.9 percentage points lower than that in June. The situation of compaction machinery improved, and the output changed from a decrease of 2.6% in the previous month to an increase of 34.5%; the crane increased by 11.3%, which was 2.1 percentage points faster than that in June.
The output growth of wind power equipment continues to accelerate. In the month, the output of power generation equipment decreased by 7.8% year-on-year, while the output of wind power equipment increased by 4.6 times in June. In July, it continued to accelerate growth, and the monthly growth rate was 9.1 times. Hydropower equipment increased by 51.9%, 41.4% faster than that in June.
Shipbuilding completions continue to grow rapidly. According to the statistics of China Shipbuilding Industry Association, from January to July, the national shipbuilding completion volume was 18.78 million deadweight tons, up 78% year-on-year, 18 percentage points faster than the first half of the year; the new ship orders were 7.87 million deadweight tons, down 78% year-on-year, of which 7 In the month, the new orders were 1.99 million DWT. Due to the downturn in the international shipping market, the orders for ships held by the end of July were 192.35 million DWT, down 6% from the beginning of the year.
According to incomplete statistics, from January to July, the country cancelled a total of 75 ships and 3.88 million deadweight tons, accounting for 2% of the total number of orders for ships held at the end of July. Of these, 6 orders were cancelled in July, with a total of 342,000 DWT. (The relevant statistics are imported and exported, unless otherwise noted, the import and export data are customs statistics, and the rest are data of the National Bureau of Statistics or according to the data of the National Bureau of Statistics.)
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