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According to a report released recently by the China Federation of Machinery Industry, from January to July, the growth rate of the output value of seven industries in the 13 industries of the machinery industry was maintained at more than 29%, namely, the agricultural machinery industry, engineering machinery industry, machine tool industry, and electrical appliances. Industry, general basic parts industry, food packaging machinery industry and automobile industry. Among them, the construction machinery and automobile industries were industries that had a large impact on macro-control policies at the beginning of last year, and this year saw a strong recovery with a growth rate of more than 30%.
As the country’s investment in the fields of petrochemicals, environmental protection, and urban infrastructure continues to increase, the equipment and products in these industries are rapidly growing. According to the report, from January to July, special equipment for petrochemical industry increased by 131.64% year-on-year, water pollution prevention equipment increased by 78.36%, and noise and vibration control equipment increased by 76.12%.
In addition, power generation equipment maintained a steady increase, with a cumulative increase of 29.12% from January to July, with a slight increase over the previous month. Automobile production still showed a rapid growth trend. From January to July, a total of 4,426.2 thousand automobiles were produced, a year-on-year increase of 25.27%, of which 2.32 million were passenger cars, an increase of 47.27%, and they still grew faster among various models.
In the first half of this year, China's petrochemical machinery production maintained steady growth.
In the first half of this year, China’s machinery production maintained a stable growth. From January to July this year, the production and sales of the machinery industry in China was in a good situation. The industry’s total industrial output value reached 294,451 million yuan, an increase of 29.47% over the same period of last year; the industry’s total sales value was 2,853.330 billion yuan. 29.02% increase.