Machinery industry enters medium-term growth period

It is understood that in the 12 industrial rankings, the growth rate of the value-added of the machinery industry has been ranked first for many years before. In 2010, it fell to the fifth place and in 2011 it fell to the third place. Last year, the added value of the machinery industry increased by 8.4% over the previous year, an increase of 6.7 percentage points from the previous year, and was lower than the average national industrial growth rate of 1.6 percentage points over the same period.

Last year, the growth rate of production and sales of China's machinery industry was between 11% and 13%. It ended the rapid growth of more than 25% per year from 2000 to 2011, and the industry entered a period of moderate growth.

"The first time in years below the industrial average shows that the machinery industry faces more severe challenges in this round of adjustment than other industries." Cai Weici, executive vice president of the China Federation of Machinery Industry, said recently, "But it is gratifying What's more, under the influence of the market's repulsive mechanism, the internal resilience of the company is increasing, and the transformation and upgrading of the industry are being pushed forward with many new bright spots."

It is understood that under the severe situation of falling internal and external demand, the machinery industry has stepped up its efforts to "accomplish high-end, high-quality bases." Last year, a group of world-class top-level equipment came out in succession: Double-drew successfully developed 80,000-ton die forging presses for high-end equipment such as aerospace industry; many companies in the construction machinery industry successfully developed nuclear power and other key projects to build the world's largest Lifting capacity of 3,000 to 4,000 tons of crawler cranes.

In the face of unfavorable market conditions, enterprises have significantly increased their investment in basic experimental and experimental capacity building, and large areas such as large current and high voltage test capabilities have reached advanced levels in the world. High-end control systems are subject to changes in imports. In order to cope with the challenges of rapid increase in costs and increasing pressure from environmental protection, companies are paying more and more attention to technological transformation oriented toward cost reduction, efficiency increase, and energy conservation and emission reduction.

In addition, the surging overseas mergers and acquisitions of enterprises: Sany Heavy Industries acquired German Putzmeister, Xugong Group acquired German Schweining, Shandong Heavy Industries acquired German Linde Hydraulics, and Suzhou Xinneng acquired the world-renowned Honing Machine Manufacturer. German Degen company. "These mergers and acquisitions reflect that machinery companies are upgrading their technological innovation capabilities through various means to expand their markets and accelerate industrial upgrading," said Cai Weici.

It is understood that in this round of adjustment, private enterprises are becoming a more important driving force for the development of the machinery industry. Last year, private enterprises realized a total output value of 10.41 trillion yuan, an increase of 18.48% over the previous year, an average of 5.84 percentage points higher than the average growth rate of the machinery industry in the same period, accounting for 56.52% of the total value of the machinery industry, and achieving a profit of 53.8 percent of the industry. %.

During this round of development, the growth rate of the central and western regions continued to be faster than that of the eastern region. The regional structure of the machinery industry was more optimized and the coordination of industrial development was enhanced.

“Although some progress has been made in industrial restructuring, the pace of progress is still insufficient.” Cai Weici, for example, said that with the machine tool industry as an example, production and sales fell sharply throughout the year, but inventory increased significantly, mainly due to the rapid demand for low-end products in the market. The decline reflects the change in user demand for machine tool structures that is faster than the current resilience of the machine tool industry. "Overall, the economic growth of the machinery industry has shifted from high-speed to medium-speed, market demand has shifted from sustained strong growth to low-to-middle growth, investment has risen to a rational return, and the continued increase in labor costs and capital use costs will become the norm. Machinery industry in particular needs to increase Great structural adjustment efforts."

It is predicted that in the first quarter of this year, due to the weaker lagging orders in the previous period, the data for the start of various major indicators may not be optimistic, but the trend will be more stable thereafter. On the whole, the market demand situation this year will rise moderately from last year. The annual production and sales growth rate is expected to be around 12%, the profit growth rate will be around 8%, and the export growth rate will be around 8%.