The first half of the year

Since the beginning of this year, the external environment for the development of the industry has remained tight, the market demand has been weak, and the industry has faced downward pressure. The machinery industry operation shows a good momentum of “stability and progress”. Statistics show that although the growth rate of the industrial added value of machinery industries above the scale of the machinery industry showed a slight downward trend in the first half of the year, the rate of decline continued to narrow, and its growth rate was also higher than the level of the same period last year. In the first six months, the cumulative total import and export volume was 347.598 billion U.S. dollars, an increase of 8.87% year-on-year, and the accumulated surplus in import and export trade was 35.824 billion U.S. dollars. At the same time, the completion of major economic indicators of the machinery industry is relatively good. Among the 64 products in the monthly statistics of the China Machinery Industry Federation, there were 44 kinds of cumulative growth in the first half of the year, accounting for 68.8% of all reported product varieties.

Machinery industry added value increased by 11.2% year-on-year

From January to June, the value-added of industrial enterprises above the designated size in the machinery industry increased by 11.2% year-on-year, 0.1 percentage points lower than that in the first five months and two percentage points higher than the same period of last year. It was also 2.4 percentage points higher than the national industry (8.8%). From the point of view of the growth rate of the value added in each month, the trend showed a slight downward trend, but the decline rate narrowed from month to month. In terms of sub-industries, among the 49 medium-sized companies in the China National Machine Federation statistics, the growth rate of the growth rate of 25 medium-sized industries increased compared with the same period of last year, among which 8 industries increased by more than 4 percentage points. The growth rate of the growth rate of the 23 medium-sized industries decreased compared with the same period of the previous year, among which, the decline was more than 8 percent in other instrument and meter manufacturing, modified automobile manufacturing, other general equipment manufacturing and low-speed truck manufacturing.

In the first six months of the cumulative decrease in the import and export growth rate of the machinery industry, the total import and export volume of the machinery industry totaled 347.598 billion U.S. dollars, an increase of 8.87% year-on-year. Of which, exports were US$191.71 billion, which represented an increase of 7.22% year-on-year, and the growth rate was 2.18 percentage points lower than January-May (9.4%); imports were US$155.887 billion, a year-on-year increase of 10.96%, and the growth rate was lower than that of January-May (11.11%). Percentage point, the cumulative surplus of import and export trade was 35.824 billion U.S. dollars. In the month of June, the total import and export volume of the machinery industry was US$60.038 billion, an increase of 10.18% year-on-year. Among them, the export value was 32.694 billion U.S. dollars, an increase of 6.99% year-on-year; the import value was 27.413 billion U.S. dollars, an increase of 14.26% year-on-year, and the growth rate was 7.05 percentage points higher than the previous month. The monthly trade surplus was 5.351 billion U.S. dollars.

Statistics show that from January to June in the 13 major industries of the machinery industry, 11 industries saw a year-on-year growth rate of import and export decline from January to May, and the fastest decline in import and export growth was in the mechanical parts industry. Compared with January-May, it fell by 11.12 percentage points; followed by the automotive and food packaging machinery industry, which dropped 6.44 and 2.84 percentage points respectively. In the month of June, the growth rate of import and export was faster than that of May. It was a 13.49 percentage point drop in the food packaging machinery industry; followed by the automotive industry, which fell by 5 percentage points; and the third was the heavy mining industry, which dropped by 4.39 percentage points. .

From January to June, among the 92 kinds of machinery industry import and export products, there were 57 kinds of products with cumulative import growth year-on-year, and there were 54 kinds of products with cumulative export growth year-on-year. Among them, the three most imported products are automobiles (including spare parts), four-wheel drive light off-road vehicles (including spare parts) and automobile parts. The three types of products that have been accumulatively exported are automotive parts, wire and cable, and low-voltage electrical appliances.

Total profit increased by nearly 20% compared with the same period last year. According to statistics, from January to June, the total profit of the machinery industry in China reached 715.337 billion yuan, a year-on-year increase of 19.58%, and the growth rate increased by 0.23 percentage points from January to May (19.35%). Among them, the total profit realized in June was 145.029 billion yuan, a year-on-year increase of 20.5%, and the growth rate was 4.69 percentage points higher than that in May (15.81%).

From January to June, the national machinery industry achieved a profit of 657.344 billion yuan in its main activities, an increase of 9.79% year-on-year, and the growth rate was 2.48 percentage points higher than the first five months (7.31%). Among them, the profit from main activities in June was 128.917 billion yuan, a year-on-year increase of 21.27%, and the growth rate was 15.03 percentage points higher than that of May (6.24%). In the first six months, in the 13 major industries of the machinery industry, only the total profit of the construction machinery industry decreased by 17.5% year-on-year, while the other 12 industries had growth rates to varying degrees year-on-year, of which the industry with a year-on-year growth rate of more than 20% was the automotive industry ( 28.72%), the internal combustion engine industry (24.59%), the literature-run industry (23.6%) and the electrical appliance industry (20.76%). Compared with January-May, 13 major industries saw a year-on-year increase of nine liters and four declines. Among them were food packaging machinery (19.94%), heavy mining (11.3%), agricultural machinery (1.89%) and instrumentation (13.72%). The growth rate increased rapidly; while the growth rates of the two industries of internal combustion engine and construction machinery fell the most, they dropped 2.34 and 2.24 percentage points respectively.

From the perspective of industry profit contribution rate, from January to June, the total profit of the auto industry reached 306.141 billion yuan, an increase of 68.31 billion yuan over the same period of last year, and the contribution rate was 58.31%, which was a decrease of 2.41 percentage points from January-May (60.72%); The non-automobile industry realized a total profit of 409.19 billion yuan, an increase of 48.83 billion yuan over the same period of last year, with a contribution rate of 41.69%.

From the perspective of the growth rate of total profits of different types of enterprises, private enterprises have increased by 13.87% year-on-year, an increase of 1.54 percentage points from January to May (12.33%), and total profits of state-owned and foreign-funded enterprises have increased by 26.45% and 26.67% year-on-year, respectively. The rate fell 2.37 and 1.21 percentage points respectively from January to May.

The company’s loss-making loss narrowed its loss year-on-year from January to June. The nation’s machinery industry totaled 81,243 enterprises, including 12,069 loss-making enterprises, which represented a year-on-year increase of 164, a loss of 14.86%, and a decrease of 0.76 points over the first five months (15.62%). percentage point. The loss of loss-making enterprises accumulated to 53.068 billion yuan, a year-on-year decrease of 3.05%. From the perspective of different companies, large enterprises suffered losses of 16.128 billion yuan, a year-on-year decrease of 17.41%; medium-sized enterprises suffered a loss of 14.98 billion yuan, a year-on-year decrease of 0.15%; and small-scale enterprises suffered a loss of 21.96 billion yuan, a year-on-year increase of 8.68%.

The output of major products was well completed. Of the 64 major products of China National Machines Corporation’s statistics for the month, there were 44 cumulative year-on-year increases from January to June, accounting for 68.8% of all reported product varieties, of which 18 were double-digit growth. This accounted for 28.1% of all reported products; there were 20 kinds of products that produced less than last year, accounting for 31.2% of the reported products.

First, from the perspective of the statistical data on agricultural machinery products, tractor-type products showed a declining trend from January to June, and the declines were all greater than last month. Large-scale tractors decreased by 7.34% year-on-year, a decrease of 2.68 percentage points from the previous month; The number of small tractors decreased by 10.06% and 11.21% year-on-year, respectively, which was a decrease of 0.21 and 0.88 percentage points from the previous month. The feed production equipment and harvesting machinery increased slightly, but the growth rate was less than 2% year-on-year.

Second, excavators and loaders in construction machinery products decreased by 6.57% and 4.58% year-on-year, respectively, representing a decrease of 2.19 and 4.54 percentage points from the previous month respectively. From the growth of the output of excavators and loaders in the first half of the year, it showed a trend of falling month by month. The growth of construction machinery products was only compaction machinery, which increased by 19.87% from January to June and increased by 2.4 percentage points from the previous month.

Third, metal-cutting machine tools and metal forming machine tools increased by 5.17% and 3.89% year-on-year, respectively, and increased by 0.29 and 2.42 percentage points from the previous month. The number of CNC metal-cutting machine tools in metal-cutting machine tools grew rapidly, which was a year-on-year increase of 17.66%.

Fourth, in the first half of the year, 12.6687 million vehicles were produced, an increase of 10.9% year-on-year and an increase of 0.11 percentage points from the previous month. Among them, multi-functional passenger cars and sports multi-purpose passenger vehicles continued to maintain a strong growth momentum, up 52.99 percent and 42.52 percent year-on-year respectively; basic passenger cars showed steady growth, an increase of 8.47% year-on-year; and trucks and passenger cars were the same year-on-year. Declined by 0.3% and 15.46% respectively, of which the trucks experienced negative growth for the first time in the year.

Fifth, the number of mine-specific equipment, cranes, and conveying machinery in heavy mining products increased year-on-year, increasing by 1.23%, 8.6%, and 13.36% from January to June. Metal smelting equipment and metal rolling equipment decreased 6.24% and 12.58% year-on-year respectively, of which metal rolling equipment decreased by 3% from the previous month.

Sixth, from January to June, the production of power generation equipment was 70,122,200 kilowatts, an increase of 2.87% year-on-year, down 10.87 percentage points from the previous month, of which the hydropower generator set decreased by 21.09% year-on-year; the turbo-generator increased by 6.84% year-on-year; and the wind turbine generators increased year-on-year; 28.56%. The rapid growth of electrical and electronic products also includes steam turbines for power stations, hydroelectric turbines for power stations and AC motors, which have all increased by more than 9% year-on-year.