On January 30, 2018, the Fifth Session of the Fourth Session of the China Machinery Industry Federation was held in Beijing. Chen Bin Executive Vice President pointed out in the special report that in 2017, the entire industry of the machinery industry achieved steady economic performance in the industry, improved efficiency, improved exports, and gradually increased market confidence. The main economic indicators were better than expected. Looking forward to 2018, the machinery industry is expected to maintain a stable operation, but there are also problems of insufficient development imbalance. The worry of stability still exists, and the task of transformation and upgrading is still heavy. Comprehensive analysis: In 2018, the economic operation of the machinery industry is generally stable, but the growth rate will be lower than that of the previous year. The industrial added value, the main business income, the realized profit growth rate is around 7%, and the import and export trade grows moderately, and the growth rate will be lower than that of the previous year. 2017 Mechanical Industry Economic Operation Review In 2017, the entire industry of machinery industry conscientiously implemented the strategic deployment of the Party Central Committee and the State Council, actively adapted to the new normal of development, promoted supply-side structural reforms, expanded effective supply, and achieved stable and stable economic operations. The improvement in efficiency, the rebound in exports, and the gradual increase in market confidence, the main economic indicators were better than expected. Looking forward to 2018, China has entered the first year of comprehensively implementing the spirit of the 19th National Congress. The favorable conditions for the development of the national economy are still many, and the machinery industry is expected to maintain a stable operation. However, it should also be noted that there are still many contradictions and problems in the current economic operation of the industry, and there are also problems of insufficient development imbalance. The worry of stability still exists, and the task of transformation and upgrading is still heavy. Steady progress is obvious. The main performances are: the growth rate of value-added exceeds expectations, the economic benefits have achieved rapid growth, the output of major products has increased year-on-year, the development of sub-sectors has been improving, the investment in fixed assets has increased slightly, the growth rate of foreign trade has rebounded remarkably, and the price index has slowly recovered. But the worry of stability still exists. The trend of stabilizing the trend has been consolidated, but it cannot be overestimated. The foundation of stability is accumulating, the positive factors of progress are increasing, and the good momentum is continuing. However, there are still three changes: the external environment of industrial development has not changed; the structural contradictions accumulated by the industry itself have not changed; the industrial investment, especially the technological innovation investment, and the growth rate of private investment have not changed. In short, there is a positive side in stability, and there is also a side that is not consolidated and weak in foundation. To see the side of progress and the uncertain side of progress, we must have a sense of urgency and crisis. If reforms do not advance, we must redouble our efforts. Good work. The economic environment of the machinery industry in 2018 The policy environment for the development of the machinery industry continues to improve. Working Thoughts of the Machinery Industry in 2018: Studying and Implementing the Spirit of the 19th National Congress of the Communist Party of China and the Central Economic Work Conference, guided by Xi Jinping's new era of socialism with Chinese characteristics, following the new development concept, focusing on the implementation of "Made in China 2025" and the mechanical industry structure The deployment requirements of transformation and efficiency increase, adhere to quality first, benefit priority, improve supply-side structure as the main line, promote quality change, efficiency change, and power change as the starting point to implement the overall task of the “13th Five-Year†industry development High-quality development as the goal, adhere to innovation-driven, quality improvement, adhere to the integration of two technologies, intelligent transformation, adhere to open and upgrade, coordinated development, focus on steady growth, adjust structure, transfer methods, fill short boards, improve quality, increase efficiency, and promote the industry Transformation and upgrading, laying the foundation for the realization of the big change. However, the industry's economic operation is still facing certain downward pressure. In the machinery industry as a whole, the situation of oversupply of production capacity and excessive competition in the market has not changed; the situation of low investment in fixed assets and low position has not changed; the situation of overcapacity in the energy and raw materials industries and insufficient investment demand have not changed. There is a lot of uncertainty in exports. From an international perspective, the world economy has not yet gone out of the adjustment period of weak growth. Deep structural contradictions have not been effectively resolved, protectionism has warmed up, and the trend of "reverse globalization" has risen and trade frictions have intensified. From the domestic perspective, the comprehensive costs of labor and other factors continue to rise, the traditional competitive advantage of China's foreign trade is weakened, and the transfer of labor-intensive industries has become a trend. Overall, the machinery industry will maintain positive growth in foreign import and export in 2018, but the growth rate will not exceed 2017. Comprehensive analysis: In 2018, the economic operation of the machinery industry is generally stable, but the growth rate will be lower than that of the previous year. The industrial added value, the main business income, the realized profit growth rate is around 7%, and the import and export trade grows moderately, and the growth rate will be lower than that of the previous year.
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