Dec.2023 11
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K3NX-AD1A-FLK4 The main economic indicators of the machinery industry grew rapidly
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China Machinery Industry Federation recently released information shows that in the first half of this year, the growth rate of added value of China's machinery industry has rebounded rapidly, and the intelligent and green transformation has obtained new breakthroughs

Data show that the growth rate of the added value of the machinery industry picked up rapidly in the first half of the year, an increase of 9.7%, 3.5 percentage points faster than the first quarter. Among them, the electrical machinery and equipment manufacturing industry and the automobile manufacturing industry played a prominent role in driving the value added growth rate of 15.7% and 13.1%, respectively.

China Machinery Industry Federation Party Committee Standing Committee, executive vice president Luo Junjie said that with the overall recovery of the demand market and the support of various national policies, the machinery industry in the first half of the year stable operation, innovation to lead the industrial upgrading, laying a good foundation for the completion of the annual expected goals.

Specifically, in the first half of the year, of the 120 main products monitored by the machinery industry, 58 kinds of product output increased year-on-year. Among the major categories of national economic industries involved in the machinery industry, the capacity utilization rate of general equipment, special equipment, automobile and electrical machinery industries was 79.4%, 77.5%, 72.7% and 76.5% respectively. Compared with the first quarter, the capacity utilization level of the four industry categories has increased to varying degrees.

Technological innovation leads the optimization and upgrading of product structure, and promotes the recovery of economic benefit indicators of machinery industry. In the first half of the year, the machinery industry achieved a cumulative operating income of 13.6 trillion yuan, an increase of 9.4%; The total profit reached 775.17 billion yuan, an increase of 12.2% year-on-year.

Luo Junjie said that in the first half of the year, intelligent products in the machinery industry from pilot to promotion and application, in remote control and diagnosis, intelligent inspection, man-machine collaboration and other aspects have achieved a large number of application results; A number of machinery enterprises entered the intelligent manufacturing demonstration factory. At the same time, the supply capacity of new energy and green equipment has been enhanced. In the first half of the year, the total production and sales of new energy vehicles completed 3.788 million and 3.747 million, with year-on-year growth rates of more than 40%, and the sales of new energy vehicles reached 28.3% of the total sales of new vehicles. The development of new energy construction machinery has accelerated, and electric forklifts, excavators, loaders, mining dump trucks and so on have been applied in batches.

In addition, in the first half of the year, the scale of foreign trade in the machinery industry grew steadily, the structure of export products was continuously optimized, the competitiveness of the international market was enhanced, and the export of high-tech products increased significantly. In the first half of the year, the machinery industry achieved a total import and export of 536.1 billion US dollars, an increase of 5.1%. Among them, imports were 143.5 billion US dollars, down 14% year on year; Exports reached US $392.6 billion, up 14.4% year on year; The trade surplus reached US $249.1 billion, an increase of 41.2% year-on-year, accounting for more than 60% of the country's trade surplus.