From January to March this year, the growth rate of production and sales of China's machinery industry rebounded to a good momentum. The growth rate of production and sales was above 42%, and the growth rate of new product output was also greatly improved. The export delivery value showed a slow recovery trend. Among the main product output counted by the China Machinery Industry Federation Machinery Industry Information Center, 104 products have accumulated a year-on-year increase, accounting for 87.39% of all reported product varieties. However, while the import scale of the machinery industry has expanded significantly, the import and export trade has experienced its first deficit since the end of 2006.
Industry production and sales growth momentum is improving
From January to March, the machinery industry completed a total industrial output value of 2.9107 trillion yuan, a year-on-year increase of 42.35%. The growth rate was 37.81 percentage points higher than the same period of last year, down 3.14 percentage points from the previous month. The total sales value was 2.8343.73 billion yuan, a year-on-year increase of 43.48. %, the growth rate increased by 39.89 percentage points over the same period of last year, which was 3.11 percentage points lower than the previous month. Although the growth rate of production and sales was slightly slower than that of the previous month, the growth rate remained above 42%, indicating that the production and sales of the machinery industry showed a further recovery.
Industry added value growth rate ranks first in various industrial sectors
The cumulative growth rate of the added value of the machinery industry in the month of March and the first three months was 23% and 25.7%, respectively, which was 4.9 and 6.1 percentage points higher than the national industrial level. From the growth rate of the value added in the first three months, the cumulative growth rate of the added value of the machinery industry is the first among the 12 sectors of the national industry. At the same time, the added value of the machinery industry accounts for the proportion of the national industrial added value, and it is the first in the country from January to March. 19.35%, an increase of 1.04 percentage points over the same period last year.
The growth rate of automobile production has dropped somewhat from last month.
The production of 12 industries in the machinery industry showed a growth momentum. There were 5 industries with a growth rate of more than 40% compared with the same period of last year, followed by: automobile industry, engineering machinery industry, machine tool industry, mechanical basic parts and internal combustion engine industry. The automobile industry experienced the fastest growth. The production in January-March increased by 68.75% year-on-year, showing a rapid growth, but the growth rate was 12.86 percentage points lower than that of the previous month. From January to March, the heavy mining industry grew by 19.68% year-on-year, which is a low-income industry in 12 industries.
The output value of new products of state-owned enterprises maintained rapid growth
From January to March, the output value of new products in the whole industry was 568.25 billion yuan, a year-on-year increase of 57.43%, and the growth rate was 56.38 percentage points higher than the same period of last year. While the output value of new products increased rapidly, the growth rate was 15.08 percentage points higher than the total industrial output value in the same period. From the perspective of different holding companies, the output value of new products of state-owned enterprises increased sharply from January to March, up 66.87% year-on-year; the growth rate was 26 and 16.47 percentage points higher than that of private and foreign-funded enterprises respectively.
Import and export trade has a deficit
From January to March, the machinery industry realized a total import and export volume of 105.785 billion US dollars, a year-on-year increase of 35.5%, of which the cumulative export was 52.791 billion US dollars, an increase of 24.46%, the cumulative import of 52.994 billion US dollars, an increase of 48.64%, the cumulative import growth faster than the same period of last year. The cumulative export growth was 24.18 percentage points year-on-year, and the cumulative import and export trade of the machinery industry had a deficit of $203 million for the first time since the end of 2006.
In March, the machinery industry achieved a total import and export volume of US$41.16 billion, a year-on-year increase of 42.99%. The export volume was 19.035 billion U.S. dollars, a year-on-year increase of 22.82%. From the export volume of the month, it was higher than the average monthly export level in 2009, but still lower than the monthly average of 20 billion U.S. dollars in 2008; the import was 22.125 billion U.S. dollars, an increase of 66.53%. The monthly import volume exceeded the best level of the month of 2009. Since the second half of 2009, the import and export trade has experienced a deficit for the first time, and the trade deficit of the month was 3.09 billion US dollars.
The growth rate of export delivery value of foreign-funded enterprises recovered faster
From January to March, the export delivery value of the whole industry was 279.345 billion yuan, a year-on-year increase of 25.56%, and the growth rate was 6.54 percentage points higher than that of the previous month. The growth rate of export delivery value has slowly recovered. Among the different holding companies, the growth rate of export delivery value of foreign-funded enterprises recovered rapidly, up 29.83% year-on-year, which was 23.58 and 4.07 percentage points higher than that of state-owned enterprises and private enterprises, which was directly related to the low base of foreign-funded enterprises last year. .
80% of the main product output achieves double-digit growth
From January to March, the production and sales rate of machinery products increased slightly year-on-year. The production and sales rate of machinery products in the whole industry was 97.38%, 0.77 percentage points higher than the previous year (96.61%); at the same time, it was slightly lower than the national industrial product sales rate (97.5%) 0.12 percentage point.
Among the 119 major products counted this month, there were 104 products with a cumulative year-on-year increase, accounting for 87.39% of all reported product varieties; 96 products with double-digit growth, accounting for 80.67% of all reported products; The output of these products decreased compared with last year, accounting for 11.76% of the reported products. The specific product completion is as follows:
First, the production and sales of most agricultural machinery products are booming. The output of medium-sized tractors, on-site tractors, grain processing machinery and cotton processing machinery has increased by more than 30%. The output of grain processing machinery has increased significantly compared with the same period of last year, from January to March. The increase was 93.24%.
Second, the output of metal cutting machine tools and metal forming machine tools kept growing at the same time. Among them, CNC metal cutting machine tools and CNC metal forming machine tools grew rapidly, up 60.43% and 32.68% respectively. In addition, the numerical Control System equipment increased rapidly from January to March, more than doubled.
Third, in the first quarter, China produced a total of 4.588 million vehicles, a year-on-year increase of 73.23%, and basic passenger vehicles increased by 79.19% year-on-year. Among them, cars with a displacement between 1.6 and 2.0 liters grew faster, accumulating a year-on-year increase of 108.49%. The speed is higher than the displacement of 1 to 1.6 liters. At the same time, the growth of cars with displacements of 2.5 to 3.0 liters is also relatively fast, with a cumulative increase of 164.73% year-on-year. The growth rate is higher than that of cars with displacements of 2.0 to 2.5 liters, mainly due to the low base last year. Cargo and road passenger cars increased by 53.70% and 46.45% respectively.
Fourth, heavy mining machinery products such as conveying machinery, cranes and mining special equipment have grown rapidly, and the growth rate is above 20%. Metal rolling equipment, which has been growing at a low rate since last year, fell 6.77% year-on-year from January to March this year.
Fifth, optical instruments and automotive instrumentation in the instrumentation industry grew rapidly, up 61.05% and 105.04% respectively. However, electrical instrumentation, analytical instruments and devices continued to decline in output last year, with a year-on-year decline of 2.73% and 9.34%, respectively.
Sixth, the steam turbine generators in power generation equipment grew at a low speed, up 5.62% year-on-year. Wind turbines grew rapidly, up 30.33% year-on-year. The output of hydroelectric generating units decreased by 7.29% year-on-year. In addition, the fast-growing products in the electrical industry include: power station turbines, low-voltage switchboards, optical cables, steel strands and industrial electric furnaces, which grew by more than 30% year-on-year.
Industry production and sales growth momentum is improving
From January to March, the machinery industry completed a total industrial output value of 2.9107 trillion yuan, a year-on-year increase of 42.35%. The growth rate was 37.81 percentage points higher than the same period of last year, down 3.14 percentage points from the previous month. The total sales value was 2.8343.73 billion yuan, a year-on-year increase of 43.48. %, the growth rate increased by 39.89 percentage points over the same period of last year, which was 3.11 percentage points lower than the previous month. Although the growth rate of production and sales was slightly slower than that of the previous month, the growth rate remained above 42%, indicating that the production and sales of the machinery industry showed a further recovery.
Industry added value growth rate ranks first in various industrial sectors
The cumulative growth rate of the added value of the machinery industry in the month of March and the first three months was 23% and 25.7%, respectively, which was 4.9 and 6.1 percentage points higher than the national industrial level. From the growth rate of the value added in the first three months, the cumulative growth rate of the added value of the machinery industry is the first among the 12 sectors of the national industry. At the same time, the added value of the machinery industry accounts for the proportion of the national industrial added value, and it is the first in the country from January to March. 19.35%, an increase of 1.04 percentage points over the same period last year.
The growth rate of automobile production has dropped somewhat from last month.
The production of 12 industries in the machinery industry showed a growth momentum. There were 5 industries with a growth rate of more than 40% compared with the same period of last year, followed by: automobile industry, engineering machinery industry, machine tool industry, mechanical basic parts and internal combustion engine industry. The automobile industry experienced the fastest growth. The production in January-March increased by 68.75% year-on-year, showing a rapid growth, but the growth rate was 12.86 percentage points lower than that of the previous month. From January to March, the heavy mining industry grew by 19.68% year-on-year, which is a low-income industry in 12 industries.
The output value of new products of state-owned enterprises maintained rapid growth
From January to March, the output value of new products in the whole industry was 568.25 billion yuan, a year-on-year increase of 57.43%, and the growth rate was 56.38 percentage points higher than the same period of last year. While the output value of new products increased rapidly, the growth rate was 15.08 percentage points higher than the total industrial output value in the same period. From the perspective of different holding companies, the output value of new products of state-owned enterprises increased sharply from January to March, up 66.87% year-on-year; the growth rate was 26 and 16.47 percentage points higher than that of private and foreign-funded enterprises respectively.
Import and export trade has a deficit
From January to March, the machinery industry realized a total import and export volume of 105.785 billion US dollars, a year-on-year increase of 35.5%, of which the cumulative export was 52.791 billion US dollars, an increase of 24.46%, the cumulative import of 52.994 billion US dollars, an increase of 48.64%, the cumulative import growth faster than the same period of last year. The cumulative export growth was 24.18 percentage points year-on-year, and the cumulative import and export trade of the machinery industry had a deficit of $203 million for the first time since the end of 2006.
In March, the machinery industry achieved a total import and export volume of US$41.16 billion, a year-on-year increase of 42.99%. The export volume was 19.035 billion U.S. dollars, a year-on-year increase of 22.82%. From the export volume of the month, it was higher than the average monthly export level in 2009, but still lower than the monthly average of 20 billion U.S. dollars in 2008; the import was 22.125 billion U.S. dollars, an increase of 66.53%. The monthly import volume exceeded the best level of the month of 2009. Since the second half of 2009, the import and export trade has experienced a deficit for the first time, and the trade deficit of the month was 3.09 billion US dollars.
The growth rate of export delivery value of foreign-funded enterprises recovered faster
From January to March, the export delivery value of the whole industry was 279.345 billion yuan, a year-on-year increase of 25.56%, and the growth rate was 6.54 percentage points higher than that of the previous month. The growth rate of export delivery value has slowly recovered. Among the different holding companies, the growth rate of export delivery value of foreign-funded enterprises recovered rapidly, up 29.83% year-on-year, which was 23.58 and 4.07 percentage points higher than that of state-owned enterprises and private enterprises, which was directly related to the low base of foreign-funded enterprises last year. .
80% of the main product output achieves double-digit growth
From January to March, the production and sales rate of machinery products increased slightly year-on-year. The production and sales rate of machinery products in the whole industry was 97.38%, 0.77 percentage points higher than the previous year (96.61%); at the same time, it was slightly lower than the national industrial product sales rate (97.5%) 0.12 percentage point.
Among the 119 major products counted this month, there were 104 products with a cumulative year-on-year increase, accounting for 87.39% of all reported product varieties; 96 products with double-digit growth, accounting for 80.67% of all reported products; The output of these products decreased compared with last year, accounting for 11.76% of the reported products. The specific product completion is as follows:
First, the production and sales of most agricultural machinery products are booming. The output of medium-sized tractors, on-site tractors, grain processing machinery and cotton processing machinery has increased by more than 30%. The output of grain processing machinery has increased significantly compared with the same period of last year, from January to March. The increase was 93.24%.
Second, the output of metal cutting machine tools and metal forming machine tools kept growing at the same time. Among them, CNC metal cutting machine tools and CNC metal forming machine tools grew rapidly, up 60.43% and 32.68% respectively. In addition, the numerical Control System equipment increased rapidly from January to March, more than doubled.
Third, in the first quarter, China produced a total of 4.588 million vehicles, a year-on-year increase of 73.23%, and basic passenger vehicles increased by 79.19% year-on-year. Among them, cars with a displacement between 1.6 and 2.0 liters grew faster, accumulating a year-on-year increase of 108.49%. The speed is higher than the displacement of 1 to 1.6 liters. At the same time, the growth of cars with displacements of 2.5 to 3.0 liters is also relatively fast, with a cumulative increase of 164.73% year-on-year. The growth rate is higher than that of cars with displacements of 2.0 to 2.5 liters, mainly due to the low base last year. Cargo and road passenger cars increased by 53.70% and 46.45% respectively.
Fourth, heavy mining machinery products such as conveying machinery, cranes and mining special equipment have grown rapidly, and the growth rate is above 20%. Metal rolling equipment, which has been growing at a low rate since last year, fell 6.77% year-on-year from January to March this year.
Fifth, optical instruments and automotive instrumentation in the instrumentation industry grew rapidly, up 61.05% and 105.04% respectively. However, electrical instrumentation, analytical instruments and devices continued to decline in output last year, with a year-on-year decline of 2.73% and 9.34%, respectively.
Sixth, the steam turbine generators in power generation equipment grew at a low speed, up 5.62% year-on-year. Wind turbines grew rapidly, up 30.33% year-on-year. The output of hydroelectric generating units decreased by 7.29% year-on-year. In addition, the fast-growing products in the electrical industry include: power station turbines, low-voltage switchboards, optical cables, steel strands and industrial electric furnaces, which grew by more than 30% year-on-year.
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