Machinery Industry Successfully Overwinter Winter

Judging from the current situation, in 2013, the machinery industry will emerge from the winter. However, the extensive low-end development model will probably face the dilemma of being unable to maintain it. Adjusting its own structure and pushing its products to the high-end is the recipe for wintering.

In 2012, the domestic and international economic environment was complex and changeable. The machinery manufacturing industry suffered the most severe challenges since the financial crisis. Compared with 2011, all major domestic economic data have declined. Although the country has introduced a number of stable growth policies recently, the positive side has increased, and some positive signs have emerged in the machinery manufacturing industry. The growth rate of production and sales tends to be stable, and the profit growth rate has slowly risen. However, the demand side has not seen any obvious improvement.

According to statistics, in the first 11 months of 2012, China's machinery manufacturing industry achieved a total output value of 16.63 trillion yuan, and achieved sales of 16.24 trillion yuan, an increase of 12.2% and 12.04% year-on-year, and a 13.4 percentage point drop from the same period of 2011; The sales ratio was 97.7%, down by 0.14 percentage points, which was lower than the national industrial product sales rate. From January to October, the profit realized was 910.4 billion yuan, a year-on-year increase of 3.7%, which was a decrease of 14 percentage points from the same period of 2011. Export growth rate is still declining. From January to November, machinery manufacturing industry realized a total foreign trade volume of 592.2 billion U.S. dollars, an increase of 3.07% year-on-year, of which exports stood at 319.5 billion U.S. dollars, an increase of 9.62% year-on-year, and a 14.87% drop from the same period of 2011.

Overall, the growth rate of the machinery manufacturing industry has begun to build. Although the express growth of various indicators has declined significantly compared with 2011, the annual growth rate of production and sales is expected to reach 12%, the profit growth is 5%, and the export growth rate is about 10%. . On the whole, there are still important tasks for growth in such a harsh environment. Confirming transformation and upgrading is a matter of no delay The Central Economic Work Conference put forward general requirements for the work of the machinery manufacturing industry in 2013: Similar to the general environment, steady growth is the top priority for the New Year's work; Industrial restructuring is the prerequisite for steady growth. Machinery manufacturing industry, like other domestic industries, has the problem of excess production capacity. At the same time, the lower end of the product and the poor market competitiveness, it actively constructs an open economy and accelerates the internationalization of the industry. Continuing to strengthen its own construction and adapt to the development of new demands and services.

Looking at the overall situation, China's machinery manufacturing industry is still in a promising period of opportunity. The haze of the economic crisis has gradually receded. In 2013, the new domestic political and economic policy also brought multiple positives, which is a good time to take advantage of the wounds.

However, there are opportunities for crisis. According to the overall analysis, the external environment we faced in 2013 remains complex, the deep-seated impact of the international financial crisis has not yet been eliminated, the situation of the European debt crisis is still not very clear, the risk of global inflation caused by the US dollar has increased, and trade protectionism in Europe and America has risen. Weak recovery and external difficulties. Global economic organizations such as the OECD are also not optimistic about global growth forecasts, and the IMF has even claimed that it does not rule out the possibility that the global economy will once again fall into recession.

Judging from the conditions of the industry itself, under the circumstances of in-depth development of economic globalization, new technological revolution brewing breakthroughs, and rapid changes in the domestic operating environment, China's machinery manufacturing industry has seen slower growth in domestic demand, rapid increase in labor costs, insufficient R&D investment, and large supply. Problems such as seeking more and more prominent. Coupled with the fact that China has gradually lost its high-speed economic background, shrinking demand has become inevitable. Both pressures have caused the transformation of the machinery manufacturing industry to a critical moment.

Judging from the current situation, in 2013, the machinery industry will emerge from the winter of 2012. However, according to the above analysis, the low-end and extensive development model may face the dilemma of being unable to maintain in the future. Adjusting its own structure and pushing its products to the high-end is the good recipe for wintering.