Ministry of Industry and Information Technology: China's Equipment Industry Maintains Steady Growth

According to the data released by the Ministry of Industry and Information Technology's Operational Monitoring and Coordination Bureau, in the first half of this year, the value-added of China's equipment industry increased by 23.4% year-on-year, and the growth rate accelerated by 14.2% year-on-year. If the same period in 2008 is used as the base period, the average growth rate of the equipment industry in the first half of the year is 16.1% in the first half of the year, which maintains a favorable recovery and steady growth.

The effects of adjustment and revitalization planning for the equipment manufacturing industry gradually emerged, and the production of most investment products in the equipment industry grew rapidly. According to the data, in the first half of the year, the output of excavators, loaders, and compaction machinery increased by 64.9%, 54.3%, and 79.3% year-on-year, respectively, while the output of cement, oil refining, and chemical special equipment increased by 66.4% and 52.3%, respectively. Metal forming machine tools, metal cutting The year-on-year growth of machine tools was 27.7% and 25.7%, respectively.

China's shipbuilding industry has overcome difficulties brought by the international financial crisis, such as difficulties in receiving ships and shipping difficulties, and continued to maintain rapid development. In the first half of the year, the country's shipbuilding capacity reached 29.63 million dwt, an increase of 86.7% year-on-year; the new ship order volume was 23.78 million dwt, which was 4 times the amount of new orders received during the same period last year. The national shipbuilding completion volume, new incoming orders, and hand-held orders accounted for 41.1%, 46.2%, and 37.7% of the world market share, respectively.

According to the person in charge of the China National Shipbuilding Industry Association, the economic operation of China's shipbuilding industry in the first half of the year has two features. First, shipbuilding companies closely track the development of the international shipping market, seize the opportunity of market recovery, and strengthen communication with new and old shipowners. Cooperation, take the initiative to undertake orders, so that the new ship volume rebound. Secondly, this year is a centralized delivery period for hand-held orders for Chinese shipbuilding enterprises. With a relatively sufficient number of orders in hand, shipbuilding companies are able to overcome difficulties such as difficulty in starting work and delivery of ships, and the shipbuilding completion volume has increased significantly. According to statistics, in the first half of the year, China's shipbuilding completion volume increased by 55% in 2009 and still maintained a high growth rate of 86.7%. This good situation has laid a solid foundation for maintaining a high growth rate in shipbuilding throughout the year.

Large-scale agricultural machinery production has declined. In the first half of the year, the output of crop harvesting machinery increased from a year-on-year decrease of 3% in the first quarter to 2.8%; the output of large-scale tractors decreased from 24.3% in the first quarter to a decrease of 10.4%; the output of medium-sized tractors increased by 11.9%, which was a drop of 30.9 percentage points from the first quarter; The output of small tractors increased by 29.5%, which was 9.4 percentage points faster than that in the first quarter. In June, the output of large, medium and small tractors all declined compared with the previous month. According to the statistics of the Ministry of Agriculture, as of June 30, the implementation of agricultural machinery and equipment purchase subsidies nationwide has cumulatively subsidized 3.25 million farm machinery and equipment (sets), benefiting 2.36 million rural households, and subsidy funds have mobilized farmers and agricultural production and operation organizations to invest 31.9 billion yuan.

The data also shows that the equipment industry's exports have also maintained a sustained upward trend. In the first half of the year, the delivery value of equipment industry exports increased by 29.2% year-on-year, an acceleration of 5.1% from the first quarter and an increase of 6.6% from the same period of 2008; of which, the year-on-year growth in June was 36.7% and the growth rate was 9%. According to customs statistics, in the first half of the year, exports of mechanical and electrical products totaled 417 billion U.S. dollars, an increase of 35.9% year-on-year.