In 2020, my country's machinery industry has bucked the trend and its economic performance has exceeded expectations. According to data from the China Machinery Industry Federation, in 2020, the machinery industry will achieve operating income of 22.85 trillion yuan, an increase of 4.49% year-on-year, and the growth rate is 3.73 percentage points higher than that of the national industry; the total profit is 1.46 trillion yuan, an increase of 10.4% year-on-year. It was 6.29 percentage points higher than that of the national industry; the operating income profit rate was 6.41%, which was 0.33 percentage points higher than that of the national industry in the same period.
The “warm ocean” data not only represents the prosperity of the industry, but also reflects the new impetus of my country’s economy: “new infrastructure” opens up new market space, high-quality development leads the upgrade of Chinese manufacturing, and Chinese brands move towards a brighter “stage” ".
The rebound has exceeded expectations
At the beginning of 2020, due to the impact of the epidemic, the production of 120 major products monitored by the machinery industry fell sharply, and the output of only two products increased from January to February. After March, with the advancement of the resumption of work and production, the major sub-sectors of the machinery industry quickly reversed, and the whole year showed a trend of recovery that exceeded expectations.
Chen Bin, Executive Vice President of the China Machinery Industry Federation, said at the news conference on the economic operation situation of the machinery industry in 2020 held recently, thanks to the initiation of infrastructure investment and energy construction projects, the production of construction machinery and equipment products has recovered rapidly and remains stable increase.
The "two new and one heavy" construction has increased, and it has also opened up a "new world" for the machinery industry. At the same time, all walks of life are striving for high-quality development. The trend of replacing old machines and replacing people is accelerating, and market demand is showing a trend of continuous upgrading. The data shows that in 2020, the total profit of 11 sub-sectors of the 14 sub-sectors of the machinery industry will achieve year-on-year growth, of which the profit growth of the construction machinery and robotics and intelligent manufacturing industries will exceed 30%.
The national policy support of tax reduction and fee reduction, assistance to enterprises and stable employment has also played an important role in the recovery of the industry.
Accelerating the pace of transformation and upgrading
Driven by benefits, the endogenous power of the intelligent development of machinery industry enterprises has been significantly enhanced, and the bright spots of intelligent, unmanned, and electric products have frequently appeared.
"The entire machinery industry is accelerating the pace of innovation in order to adapt to the upgrading of demand, and has achieved rapid development in new energy equipment such as wind power generation, photovoltaic power generation and emerging industries such as industrial robots." Chen Bin said, machinery companies themselves are also Vigorously promote technological transformation with digitalization, networking and intelligence as the main attack direction, which has accumulated stamina for high-quality development.
With the development of intelligence, the machinery industry is also showing a trend of accelerating the upgrade to service-oriented manufacturing. A group of machinery companies are developing in the direction of "products + services", providing more and more high-value-added services, and productive service industries such as industrial design, financial leasing, energy-saving services, and information technology services are gradually expanding.
In the view of Zhu Hongren, director of the Strategic Advisory Committee of the China Service Manufacturing Alliance, service manufacturing is precisely the key to the profitability of the manufacturing industry and the future of the manufacturing industry.
Domestic brands usher in new opportunities
Since the beginning of this year, all localities have actively promoted project construction. The launch of major projects strengthened the expectation of hot sales.
The booming market is good for the development of domestic brands. During the "Thirteenth Five-Year Plan" period, my country's machinery industry has achieved a trade surplus of US$610.4 billion, which to a certain extent reflects the improvement of my country's machinery products' competitiveness in the international market. From small to large, from weak to strong, from following imitation to independent innovation, a large number of domestic brands have risen rapidly in China's machinery enterprises.
Chen Bin said that in the first year of the "14th Five-Year Plan", the launch of major projects and major projects and the gradual formation of a new development pattern have brought corresponding market demands for the steady development of the machinery industry. It is expected that in 2021, the overall economic operation of the machinery industry will show a trend of high and low. The annual growth rate of industrial added value will be around 5.5%, and the growth rate of operating income and total profit will be around 4%.
