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2017 list of the top 100 enterprises in China's machinery industry

Jul 25, 2018

In July 13, 2018, the fourteenth China machinery industry 100 enterprises information conference was held in Linyi, Shandong. The list of top 100 enterprises in China's machinery industry was released in 2017.


In the list of top 100 machinery, the China National Machinery Industry Corporation topped the list to achieve 288 billion 200 million yuan in business revenue, and Weichai Holding Group Co., Ltd. ranked second, and Xugong Group, 31 group and ZOOMLION were ranked among the top ten.


Wang Ruixiang, President of the China Machinery Industry Federation, pointed out that the past year, the world economic situation is still complex and changeable, our country's economy has achieved stable and healthy development under the guidance of the party's policy and policy. After the whole industry's efforts, the machinery industry has achieved two digit growth in the economic operation of the industry, which is better than expected.


In the 1-12 month of 2017, the added value of machinery industry increased by 10.7% over the same period, which is higher than that of the national industrial and manufacturing industries in the same period.  The main business revenue was 24 trillion and 540 billion yuan, an increase of 9.47% over the same period last year, and realized a total profit of 1 trillion and 710 billion yuan, an increase of 10.74% over the same period last year. The total import and export volume totaled US $712 billion 300 million, an increase of 10.01% over the same period last year, achieving a trade surplus of US $99 billion 700 million, reversing the double declining import and export situation.


Since the beginning of this year, the global economic situation has become more and more serious. China's industry has entered an important juncture of upgrading quality, enhancing efficiency and upgrading. In 1-5 months, the added value of the machinery industry increased by 8.4% year on year, achieving 9 trillion and 270 billion yuan in the main business income, 11.3% of the year-on-year increase, and the total profit of 605 billion 331 million yuan, a year-on-year increase of 5.81%, and the growth rate of 7.5 percentage points lower than that of the same period of last year. The output of the 120 main products monitored decreased by 40 over the same period. In addition, cultural and office equipment, agricultural machinery, heavy vehicles, and robots and intelligent manufacturing industries all showed a downward trend. This shows that the machinery industry will not be smooth sailing in the process of moving towards high quality development, and the whole industry should be ready to fight hard and fight protracted war.


The year 2018 is the beginning of the implementation of the nineteen spirit of the party. It is the 40th anniversary of the reform and opening up. It is the key year for the complete completion of a well-off society and the implementation of the "13th Five-Year" plan. It is also an important year for the transformation and upgrading of the machinery industry into the high quality development. In the new round of development, we should take the initiative to standard international advanced level of the same industry, target the top 500 international enterprises, find gaps, establish goals, narrow the gap and achieve new breakthroughs.