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The machinery industry in our country maintains a stable development trend, and the production and operation situation is relatively good.


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2021-05-20

Since 2014, China's machinery industry has continued to maintain a stable development trend. Statistics show that in the first two months, the machinery industry started off contrary to the trend of slowing growth in the macro economy at the beginning of the year, with a growth momentum stronger than expected. From January to March, the industrial added value of the machinery industry above designated size increased by 11.8% year-on-year, although it fell by 1.9 percentage points compared to January-February; however, it was 2.8 percentage points higher than the same period last year, and also exceeded the national industrial level of 8.7%. From January to April, the industrial added value of the machinery industry above designated size increased by 11.5% year-on-year, although it fell by 0.3 percentage points compared to January-March, but it was 2.4 percentage points higher than the same period last year, and also exceeded the national industrial level by 2.8 percentage points. Among the 64 products reported in the monthly statistics of the China Machinery Industry Federation, 44 products showed a cumulative year-on-year increase in output from January to March, accounting for 68.7% of all reported product varieties; from January to April, 45 products showed a cumulative year-on-year increase in output, accounting for 70.3% of all reported product varieties.