China's machinery industry achieved stable and rapid growth in 2011

The China Machinery Industry Federation recently held a press conference on “2011 economical operation of the machinery industry”. Cai Weici, executive vice president of the China Federation of Machinery Industry, first introduced the economic operation of the machinery industry in 2011 and forecasted the economic operation of the machinery industry in 2012. President Cai said: 2011 is the first year of the “Twelfth Five-Year Plan”. After experiencing the rapid growth of the “Tenth Five-Year Plan” and “Eleventh Five-Year Plan” for ten consecutive years, the development of China’s machinery industry has entered a new stage. In the face of complex and ever-changing international and domestic situations, the machinery industry has achieved steady and rapid growth in production and sales, and has laid a solid foundation for achieving the objectives of the “Twelfth Five-Year Plan”. However, compared with the rapid growth for ten consecutive years, the growth rate of the major economic indicators of the industry has declined in full, and in particular the accelerated growth rate of profit growth has highlighted the urgency of the industry to accelerate structural upgrading.

According to statistics from the National Bureau of Statistics, the total industrial output value of the machinery industry in 2011 was 16.89 trillion yuan, a year-on-year increase of 25.06%. Since March, the monthly output value of the machinery industry has exceeded 1.3 trillion yuan for 10 consecutive months, of which 1.66 trillion yuan reached a record high in December. From the perspective of growth rate, the monthly growth rate of the output value of the machinery industry at the beginning of the year was rapid, with a year-on-year increase of 28.87% in March. The growth rate in May declined to 22.85%, and the decline was too strong, causing all parties to worry about the development of the industry; but in the second half Since then, the year-on-year growth rate has gradually slowed down, showing a steady growth overall.

In 2011, the major production and sales indicators of the machinery industry achieved rapid development and contributed to the realization of the national economic development goals. However, it is worth noting that, compared with the indicators of production and sales over the same period, the economic indicators of the machinery industry have fallen faster, and the problems and difficulties facing the industry are constantly accumulating. Therefore, in the new year, we must be more consciously committed to improving the independent innovation capability and market share of high-end equipment, commit ourselves to improving the quality and brand reputation of large-scale and wide-range products, and strive to improve the energy efficiency index of our products. In the development of modern manufacturing service industry, to provide better equipment support for changing the development mode of various user industries; more consciously targeting the urgent needs of high-end equipment hosts, accelerating the bottleneck of breakthroughs in key basic parts, basic processes and basic materials; more consciously We will shift investment from the expansion of general production capacity to fostering innovation; more consciously accelerating the deep integration of informationization and industrialization; and more consciously committing to “green” development.

Looking ahead to 2012, the uncertainties of the industry development environment will remain large, but the industry will accelerate the transformation and upgrading under the guidance of the “Twelfth Five-Year Plan” and the machinery industry is expected to continue its steady growth. The growth curve of the major economic indicators for the whole year will be in the trend of low level before and after the end of the first quarter or the second quarter may reach the low point of this round of fall, after which the growth rate will be stabilized again. The annual production and sales growth rate is expected to be around 18%, and the profit growth rate is about 12%, which is lower than the growth rate of production and sales; the export growth rate is around 15%.