China’s machinery industry’s total output value exceeded 10 trillion yuan for the first time in 2009

According to the China Machinery Industry Federation, in 2009, the total output value of the machinery industry jumped to a new level of 10 trillion yuan for the first time, reaching 10.75 trillion yuan.

According to China News Service reported on January 27, China Machinery Industry Federation revealed on the 27th that the added value of machinery industry in 2009 increased by about 14% compared with 2008, and the total output value jumped to a new level of 10 trillion yuan for the first time. It was 10.75 trillion yuan, an increase of about 16% compared with 2008.

The relevant person in charge of the China Machinery Industry Federation said at the China Machinery Industry Economic Operation Analysis Meeting on the 27th that since the fourth quarter of 2008, due to the impact of the international financial crisis, the growth of major economic indicators of the national machinery industry has seen the biggest decline in recent years. At the bottom of February 2009, the growth rate of major economic indicators hit a new low in the past seven years. After the government implemented a package plan to deal with the financial crisis, the policy effect of “guaranteeing growth” appeared earlier in the machinery industry, and the main economic indicators rose steadily month by month. . In 2009, the added value of the machinery industry increased by 14% compared with 2008, which is 2.8 percentage points higher than the growth rate of the national industry, which is more than 5 percentage points higher than the national GDP growth rate.

In particular, the automobile industry achieved rapid growth in production and sales in 2009, which was the “engine” for the growth of the entire machinery industry. The recovery rate of the automobile industry was significantly faster than that of the machinery industry. In 2009, the total industrial output value of the automobile industry accounted for nearly 30% of the total output value of the machinery industry in the same period, while the increase in output value accounted for 4% of the entire machinery industry, and the profit increase accounted for 62% of the entire machinery industry. China has leapt to the world's number one automobile production and sales country.

He also stressed that there are still many outstanding problems in the development of China's machinery industry: First, the pace of "strengthening the foundation" must be accelerated. For example, although the development of large-scale castings and forgings has progressed, it has not yet entered a stable production stage. Second, the environment for the localization of high-end equipment is still not ideal. It is not uncommon to highlight the phenomenon of discriminating domestic equipment in equipment bidding. Third, the demand growth of many key products has dropped significantly. Fourth, the import and export situation is still very serious. In 2009, the accumulated export earnings of the machinery industry fell by one-tenth compared with the previous year. Imports and exports decreased by 7% compared with 2008, and the decline in imports was significantly less than that of the same period. The import and export surplus dropped sharply from US$476.69 billion in 2008 to US$14.9 billion, highlighting the weakness of China's weak international competitiveness.
 

Power Plant Pump

Power Plant Pump

Power Plant Pump,Boiler Feed Pump,Anti-Corrosion Pump,Centifugal Pump

Shenyang pump products sales co., LTD , https://www.syipsc.com