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China Machinery Industry Federation recently said that in the second half of the year, China's machinery industry will continue to maintain a good momentum of development. The indicators forecasted at the beginning of the year are expected to be exceeded.
According to the analysis of China Machinery Industry Federation, the favorable factors for the development of the mechanical product market are: the policy of revitalizing the equipment manufacturing industry has been accepted by all sectors and will gradually have a positive impact; the government will increase the energy-saving emission reduction policy and will promote the technological transformation of related industries. In-depth, this undoubtedly provides new development opportunities for the machinery industry; increasing consumption, increasing support for agriculture, and strengthening infrastructure construction also provide a considerable market space for mechanical products; the export of mechanical products will continue to improve in qualitative terms and adjust exports. Tax rebates are conducive to the adjustment of the structure of export products, and exports of automobiles, high-end electromechanical equipment, etc. will be better developed to form export-oriented products. The unfavorable factor is that the machinery industry will still face severe production cost pressures and shortages of some raw materials. According to the relevant departments’ policy of encouraging the import of advanced machinery and equipment, the import of some high-end mechanical and electrical products will increase in the second half of the year and this will squeeze out. In some domestic markets, the growth of agricultural machinery products represented by large-scale combine harvesters and large and medium-sized tractors is weak.
From the analysis of the current situation in the machinery industry, the growth rate of the company's hand-held orders is not low, and it is expected that there will be no problem of making production ups and downs. In the second half of the year, the economic operation of the machinery industry maintained a steady growth. The total industrial output value, industrial added value, main business income, total profit, foreign trade and export volume will maintain a relatively high growth rate of around 25%.
According to the analysis of China Machinery Industry Federation, the favorable factors for the development of the mechanical product market are: the policy of revitalizing the equipment manufacturing industry has been accepted by all sectors and will gradually have a positive impact; the government will increase the energy-saving emission reduction policy and will promote the technological transformation of related industries. In-depth, this undoubtedly provides new development opportunities for the machinery industry; increasing consumption, increasing support for agriculture, and strengthening infrastructure construction also provide a considerable market space for mechanical products; the export of mechanical products will continue to improve in qualitative terms and adjust exports. Tax rebates are conducive to the adjustment of the structure of export products, and exports of automobiles, high-end electromechanical equipment, etc. will be better developed to form export-oriented products. The unfavorable factor is that the machinery industry will still face severe production cost pressures and shortages of some raw materials. According to the relevant departments’ policy of encouraging the import of advanced machinery and equipment, the import of some high-end mechanical and electrical products will increase in the second half of the year and this will squeeze out. In some domestic markets, the growth of agricultural machinery products represented by large-scale combine harvesters and large and medium-sized tractors is weak.
From the analysis of the current situation in the machinery industry, the growth rate of the company's hand-held orders is not low, and it is expected that there will be no problem of making production ups and downs. In the second half of the year, the economic operation of the machinery industry maintained a steady growth. The total industrial output value, industrial added value, main business income, total profit, foreign trade and export volume will maintain a relatively high growth rate of around 25%.
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