The economic operation of China's machinery industry this year is expected to be low and high, and it is expected that production and sales will increase by about 12% throughout the year. With the implementation of national policies and measures to promote economic growth, the machinery industry has steadily recovered from the bottom in the second quarter, and is expected to continue the recovery in the second half of the year and gradually accelerate the rate of recovery. In the fourth quarter, it is expected to reach a double-digit rate again. increase.
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Industry experts said. The state has already made it clear that it will continue to implement a proactive fiscal policy and a moderately loose monetary policy. The macroeconomic situation is expected to pick up further. Under this background, the demand for mechanical products in all walks of life is expected to continue to grow; the supply of energy and raw materials is relatively loose, which is conducive to the cost control and efficiency improvement of the machinery industry; and the state’s adjustment and revitalization of equipment manufacturing and automobile industries. Policies, such as encouraging independent innovation, encouraging the acceleration of automobile renewal, increasing the export tax rebate rate of certain mechanical products, and the transformation of value-added tax, are continuing to be implemented, and will certainly accelerate the pace of development of the machinery industry; due to the development of the machinery industry in the second half of last year, especially the fourth quarter of last year. The steep decline in the speed has reduced the comparative base in the second half of this year and is therefore more conducive to the increase in growth rate in the second half of this year.
The unfavorable factor is that there is still no obvious improvement in the lack of external demand. According to analysis by the World Bank and other countries, the prospects for global economic recovery are still unpredictable, and it is difficult for the machinery industry's foreign trade export market to improve significantly in the short term.
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