Machinery industry is difficult to achieve rapid growth

Cai Weici, executive vice president of the China Federation of Machinery Industry, said at the 2012 national machinery industry economic situation report today that the growth rate of the machinery industry, which is "very serious," has basically bottomed out, and it may not be obvious that there will continue to be a significant decline in the future. However, following the downward pressure this year, the industry situation is still tight next year, and the whole industry still needs ideological preparations for a “tight day”.

Since the beginning of this year, the machinery industry continued its deceleration last year. The six major economic indicators such as industrial added value, total output value, realized profits, foreign exchange earnings from exports, product output, and fixed asset investment all showed a downward trend. Data show that from January to September, the machinery industry increased by 8.6% year-on-year, 1.3% lower than the national average growth rate of the industry, and ranked the 10th in terms of the growth rate of added value in the 12 industrial sectors.

According to a sample survey conducted by the China Light Industry Co., Ltd., the cumulative number of orders placed in the first nine months of the year decreased by 0.35% year-on-year, which was significantly lower than the increase of more than 20% in previous years.

Cai Weici said that in the fourth quarter, the machinery industry will continue to operate at the bottom and at a low speed, and the whole year is expected to achieve the pattern of “seeking early declines, stabilizing at lower levels, or recovering slightly at a later stage”. Looking forward to 2013, the operating environment of the machinery industry will remain severe, and both domestic demand and export conditions are not expected to pick up significantly. The pressure on the market to adjust and upgrade the structure will not be reduced, and the whole industry still needs to have a “close-in-the-day” mentality. ready.

"In the future, the machinery industry will find it difficult to achieve ultra-high growth, but it can still maintain a moderate growth." Cai Weici believes that, on the one hand, the rapid economic growth supported by the rapid growth of demand during the early and middle stages of industrialization in China will naturally follow the middle and late stages of industrialization. The slowing down of demand growth has slowed down; on the other hand, the ever-increasing demand for quality of growth will force the machinery industry to accelerate innovation and strategic emerging industries such as high-end equipment manufacturing will gradually become new support points.