Changes in the instrument industry's ten years of growth

In the first half of 2012, the total industrial output value of the instrumentation industry in China totaled 307.509 billion yuan, a year-on-year increase of 14.86%; and the sales value of 298.036 billion yuan was completed, a year-on-year increase of 14.94%. From January to June, the national instrumentation industry completed export delivery value of 51.413 billion yuan, a cumulative increase of 10.18%. This is only a small footprint in the development of instrument industry in China for ten years. From 2002 to 2012, the Chinese instrumentation industry, like the Chinese economy, staged a huge change from weak to strong.

"Tenth Five-Year Plan" China Becomes the Second Largest Instrumentation Producing Country in Asia

China's instrumentation industry started relatively late and has developed rapidly during the "Ninth Five-Year Plan" period. Here, China has initially formed a relatively complete instrumentation, production, research and marketing system. In order to increase the development of the instrumentation industry, the relevant state departments have concentrated on adjusting the product structure during the “Tenth Five-Year Plan”, focusing on the development of industrial automation instruments, electrical instrumentation, scientific test instruments, environmental protection instrumentation, instrumentation components, Medical instruments, information technology, electrical measuring instruments, cutting-edge measuring instruments, eight categories of instruments and meters.

In the early period of the 10th Five-year Plan, China finally became a member of the World Trade Organization and successfully entered the WTO. In 2001, the total amount of import and export of China's instrumentation industry was 15.37 billion U.S. dollars, an increase of 314.68% over 2000. Among them, the total number of instruments and meters industry exports 5.546 billion (pieces / pieces / Taiwan), an increase of 15.2%; total exports of 6.195 billion US dollars, an increase of 0.9%. The total number of instrument and meter industry imports was 1.79 billion (units/pieces/set), a year-on-year decrease of 13.2%; the total amount of imports was US$9.178 billion, an increase of 26.3% year-on-year. As a whole, the total number of instruments and meters exports has increased, the total amount has remained basically the same, the total number of imports has decreased, and the total amount has increased significantly. In particular, in 2003, China has become the second largest instrument and meter producing country in Asia except Japan.

The year 2005 was the last year of the "10th Five-Year Plan". China's high-tech industry maintained a rapid growth and its pillar industries were further strengthened in the national economy. From the perspective of the industrial structure of the high-tech industry, the pharmaceutical manufacturing industry and medical equipment and instrumentation manufacturing industries increased by 18.7% and 18.9% respectively in 2005 over the previous year. The growth rate was second only to the information product manufacturing industry.

"Eleventh Five-Year" instruments and meters achieve an average annual 20% ultra-high speed increase

The “Eleventh Five-Year Plan” is the fastest growing five-year period for China's instrumentation industry to rely on its own development. At present, China's instrumentation industry has become one of the countries with the largest industry scale in the world. In developing countries, China's instrumentation industry is also the country with the largest scale and the most complete product variety. Data show that during the 11th five-year period, China's GDP grew at an average annual rate of 11.2%, while the instrumentation industry achieved an average annual growth rate of 20%.

In 2006, the instrumentation industry conscientiously implemented the scientific concept of development, paid close attention to structural adjustment, and achieved remarkable results. Production and sales grew steadily, and profits grew faster. In 2006, the total industrial output value was 219.4 billion yuan, a year-on-year increase of 27.5%. In 2006, the profit realized was 15.7 billion yuan, an increase of 31% over the same period of last year. Although the growth rate slightly decreased compared with the previous year, the main business income profit margin was 7.5%, an increase of 0.6 percentage points.

In the first half of 2007, the total output value of China's instrumentation industry was 133.5 billion yuan, an increase of 29.1% year-on-year; the sales revenue of products was 128.9 billion yuan, a year-on-year increase of 30.7%, both at historically high levels; the year-over-year increase in profits was above 40%, and the year-on-year growth in total assets value. About 18%, the industry as a whole is in a healthy development stage.

Since the second half of 2008, the global financial crisis has had a profound impact on China's economy, and has caused a serious impact on China's export-oriented industries. In 2008, the import value reached 21.95 billion U.S. dollars, for the first time exceeded 20 billion U.S. dollars, up 17.4% year-on-year. On the basis of the year-on-year drop in import growth in 2004, the import increase rebounded in 2008; the export volume reached 11.58 billion U.S. dollars, exceeding 10 billion U.S. dollars for the first time. The year-on-year increase of 27% was the lowest since 2004; the import and export deficit was US$10.37 billion and exceeded US$10 billion for the first time.

In 2009, the total output value of China's instrumentation industry reached 405.4 billion yuan, the compound growth rate was 8.88%, the total product sales reached 394.52 billion yuan, the growth rate was 9.11%, and the product sales rate was 97.3%. Exports amounted to 31.5 billion U.S. dollars, of which imports were 20.87 billion U.S. dollars, down 4.9 percent from the previous year; exports were 10.65 billion U.S. dollars, down 8 percent from the previous year.

In 2010, China's instrumentation industry realized total industrial output value of 808.5 billion yuan, sales income of 798.5 billion yuan, and profit of 99.0 billion yuan; total import and export volume was 60 billion US dollars, of which imports were 34.8 billion US dollars and exports were 25.2 billion US dollars. The total number of enterprises is 7,154, of which state-owned and state-owned shares account for 0.07%, private enterprises account for 69.9.%, foreign-funded enterprises account for 20.2%, and other enterprises account for 9.83%.

The reasons for the rapid development of the instrumentation industry during the “Eleventh Five-Year Plan” period were as follows: First, the rapid development of the entire national economy and the deepening integration of the two industries have led to the need for automation in various economic fields. This has also brought about the prosperity of the instrumentation industry. Second, during the period of the 11th and 5th, the domestic instrumentation technology has significantly improved, resulting in the gradual replacement of some foreign market share by the domestic market, increasing the market share of domestic instrumentation. Third, the demand for instruments and meters in the Chinese market has made many multinational corporations attach great importance to the cake in the Chinese market. More and more foreign companies are starting to set up factories in China. Since the products that need to be imported have been transformed into localized production, the market scale of the instrumentation industry has been expanded to some extent.

"Twelfth Five-year" instrumentation industry has broad prospects for development

From January to December of 2011, the total industrial output value of the instrumentation industry in the country totaled 609.855 billion yuan, a year-on-year increase of 28.98%, and the sales value reached 591.334 billion yuan, an increase of 28.21% over the same period of last year.

Starting from the end of the 11th Five-Year Plan period, China's instrumentation industry has accelerated the pace of development of medium and high-end products, and developed a number of medium-to-high-end products with technical levels that are at or near the international level. In 2012, the instrumentation industry was affected by the economic weakness at home and abroad, exports were sluggish, domestic projects decreased, the cost of materials and labor for production companies increased, resulting in weak market demand, sluggish industries, and slow growth in the production and sales of the instrument and meter industry in the country. The growth rate dropped.

Entering the “Twelfth Five-Year Plan”, in the face of various uncertainties in the market, grasping future technology trends and winning market opportunities are issues that every company is pondering. With the rapid development of microelectronics, computers, networks, and communications technologies and the continuous improvement of comprehensive automation, smart meters embody the requirements of intelligent, digital, and networked manufacturing, and will undoubtedly become an important part of the future development of the instrumentation industry. direction.