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The machinery industry has shown signs of bottoming out
2018-01-12

The national bureau of statistics recently released the industrial added value of industry growth data points categories, 09 that month in March the national industrial enterprises above designated size (main business income is 5 million yuan of above) in the added value of year-on-year growth of 8.3%, the added value of the cumulative year-on-year growth of 5.1%. Of general equipment manufacturing industry, machinery industry belongs to special equipment manufacturing, transportation equipment manufacturing, electric machinery and equipment manufacturing, instrumentation and cultural office machinery manufacturing month respectively year-on-year growth of 11.4%, 14.4%, 5.9%, 12.5%, 0.3%, the cumulative respectively year-on-year growth of 6.8%, 11.3%, 2.8%, 9.5% and 2.5%.

Comment on:

A, 09 that month the added value of industrial enterprises above designated size in March rose 8.3% year-on-year, growth rate fell 2.7% in February, mainly because of the factors have the Spring Festival in February, growth is on the high side, in fact, the added value of industrial enterprises in March growth than the previous two months cumulative growth to increase 3.8%, than 08 growth rebounded 2.6% in December, the overall look at present, the industrial economy has preliminarily stabilising.

Second, the sub-industry of the machinery industry is similar to the overall industrial situation, and the growth rate of industrial added value is basically stable, and the part of the industry has recovered. Just the month in March, general equipment manufacturing industry, special equipment manufacturing, transportation equipment manufacturing, electric machinery and equipment manufacturing, instrumentation and cultural office machinery manufacturing industrial production rose 11.4% during the month, 14.4%, 5.9%, 12.5%, 5.9%, in addition to the instrumentation and cultural office machinery manufacturing, were higher than 08 growth in December. From January to march, the cumulative growth rate was 6.8 percent, 11.3 percent, 2.8 percent, 9.5 percent, and -2.5 percent, respectively. In addition to the mechanical manufacturing industry, both the instrument and the cultural office were also higher than the cumulative growth rate in January and February.

Three, march machinery, transportation equipment manufacturing, electric machinery and equipment manufacturing, general equipment manufacturing PMI data and a leading position in the manufacturing, display the machinery industry production and downstream demand recovery is more than other manufacturing industries, the national policy of expanding domestic demand, increase investment in infrastructure and measures for the pull effect on the mechanical industry is beginning to show.

On the whole, some products and segments of the machinery industry have shown signs of bottoming out. At present, agricultural machinery, heavy machinery equipment, electrical equipment, engineering machinery sub-industry situation is better, the industrial added value is all higher than the year-on-year growth; Although the machine tool industry is improving, the downstream demand of the machine tool will remain low, and the industry will face difficulties in 2009. There is no sign of a recovery in the shipbuilding industry due to the sluggish world economy.


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