The reporter learned from the China Machinery Industry Federation on the 31st that the production and sales of construction machinery in January-July was the best in history, and the growth rate of output value of new products in the whole industry was also significantly higher than that in the same period of last year.
Industry data exceeded expectations
According to data from the China Machinery Industry Federation, from January to July, excavation and earthmoving machinery products increased by more than 55% year-on-year, and compaction machinery more than doubled year-on-year.
CITIC Securities analysts believe that the unexpected data is due to the high growth of large-scale infrastructure investment and real estate investment. According to the statistics of the National Bureau of Statistics, from January to July, China’s fixed asset investment reached 119.86 billion yuan, a year-on-year increase of 24.9%. Among them, the total planned investment of the newly started project is 1,085.1 billion yuan, a year-on-year increase of 26.8%.
At the same time, real estate investment also maintained a high growth trend. From January to July, China's real estate investment reached 2,386.5 billion yuan, an increase of 37.2%.
According to the above-mentioned federations, the sales volume of major models increased by 67% from January to July, and sales increased by 63%. It is expected that the whole industry will achieve growth of more than 30% this year, and exports are expected to reach 8.5 billion to 9 billion US dollars.
New products become industry highlights
While the construction machinery industry is growing at a high level, new highlights are also emerging. According to data from the China Machinery Industry Federation, from January to July, the output value of new products in the construction machinery industry increased by 91.56% year-on-year, an increase of 79.86 percentage points over the same period of last year.
The China Machinery Industry Federation believes that compared with the other 11 sub-sectors of the machinery industry, the output value of new products in the construction machinery industry has grown significantly. In the same period, the machinery industry completed a total output value of 1,460.689 billion yuan, a year-on-year increase of 39.72%, an increase of 28.87 percentage points over the same period last year.
The China Machinery Industry Federation has proposed that the concept of "high-end equipment" will be redefined in the industrial planning of the "Twelfth Five-Year Plan". It is not simply to make choices about whether there is "intelligence", but to urgently need key projects. Key equipment with high technical difficulty and high import dependence is included in the "high-end equipment" to support.
Conical Twin Screw Barrel,Conical Screw Barrel,Barrel Screws Stainless Steel,Hi Tech Screw Barrel
Zhoushan Dinghai Jinsheng Bimetallic Plastic Machinery Factory (General Partners) , https://www.jinshenggalloy.com