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Editor's Note : From January to March 2011, China's total industrial output value of the machine tool industry was 24.242 billion yuan, a year-on-year increase of 41.4%. The overall production and sales of the machine tool industry are booming. Although the economic indicators have fluctuated slightly, they all have a large increase. It is estimated that the total output value of China's machine tool industry will increase by 41.4% in 2011. Since the first half of 2011, the domestic and international economic environment has been complicated and changeable. The government has persisted in implementing a package plan to deal with the impact of the international financial crisis, targetedly strengthening and improving macroeconomic regulation and control, actively promoting the transformation of economic development mode and structural adjustment, and achieving GDP growth. 11.2%, the national economy continues to develop in the direction of macroeconomic regulation and control.
The overall production and sales of the machine tool industry are booming. Although the economic indicators have fluctuated slightly, they all have a large increase. Facing the complicated and ever-changing domestic and international situation, the current unreasonable structure of the machine tool industry and the lack of product competitiveness have become the biggest obstacles hindering the healthy development in the future.
From January to March 2011, China's total industrial output value of the machine tool industry reached 242.42 billion yuan, a year-on-year increase of 41.4%. The sales value of product sales was 235.87 billion yuan, a year-on-year increase of 42.0%. The profit was 10.91 billion yuan, a year-on-year increase of 78.5%. In the first half of the year, the total industrial output value of the Jinchee machine tool industry was 57.21 billion yuan, a year-on-year increase of 31.7%. The output of gold cutting machine tools was 338,209 units, of which the output of CNC machine tools reached 94,519 units, a year-on-year increase of 25.8% and 52.2% respectively. The profit of the gold cutting machine tool industry reached 2.27 billion yuan, a year-on-year increase of 68.3%.
According to the statistics of key enterprises, the orders for some heavy-duty machine tools have started to decline since the first quarter, and it is expected that the growth of market demand will slow down in the second half of the year.
In terms of product mix adjustment, the pace of the first half of this year has obviously slowed down, which is related to the cumulative burst effect of investment triggered by the economic upturn. However, we must be soberly aware that the phenomenon of high demand for certain low-end products is temporary, the accumulated investment energy of the market has been basically released, and the rational demand has gradually returned, and structural adjustment will still be placed first.
In the first half of the year, machine tool exports totaled US$3.11 billion, a decrease of 7.1% from the same period in 2008. The product structure of the industry's exports is constantly changing, the trend is not optimistic, and the unit price of metal processing machine tools is seriously declining. The Indian market has grown rapidly, becoming the largest export market for metal processing machine tools in China for the first time. The investment boom driven by the domestic economic stimulus plan continued to drive a significant increase in imports of machine tools. In the first half of the year, imports increased by 12.7% compared with the same period in 2008. It is worth noting that: in the machine tool, the import of cutting tools, machine tool fixtures and machine tool parts continued to maintain a high-speed growth trend, with a year-on-year increase of 138.0%, 81.9%, and 78.7% in the first half of this year. Mainly due to the rapid expansion of the domestic machine tool market in recent years, and domestic high-end tools and parts are difficult to meet the requirements. Although the domestic functional component industry is also developing at a faster rate, it is still lagging behind the number and growth rate of functional component imports and the speed of development of domestic metalworking machine tools. At present, the impact of this large-scale import situation on the still-developing domestic functional component enterprises is obvious, and even restricts its survival and development.
In the analysis of the quality and efficiency of the operation, the current assets turnover rate, input-output ratio, energy consumption per 10,000 yuan value and profit margin of the output value of 117 representative enterprises are analyzed to judge the use of funds. The contribution of the output value of the total assets, the energy consumption status and the profitability of the output value. It can be seen that the indicators of the whole industry have improved to a greater extent than the same period last year.
The current situation is still unstable, and the state's fiscal and financial policies will continue to be targeted to structural adjustment; the excessive capacity of the unreasonable industrial structure and the rapid growth of foreign imports will lead to more intense competition in the domestic machine tool market; The appreciation pressure will have a negative impact on exports that have just achieved recovery growth. Despite many uncertainties, there are also positive aspects. For example, the overall economic development of the country will continue to grow steadily; the growth rate of fixed asset investment in the main user industry of machine tools will still maintain double-digit growth; The restructuring of the enterprise has achieved initial results. On this basis, it is expected that the growth rate of the machine tool industry will gradually stabilize in the second half of this year, with an annual growth of more than 15%, of which the metal processing machine tool industry will grow by 10%.
The overall production and sales of the machine tool industry are booming. Although the economic indicators have fluctuated slightly, they all have a large increase. Facing the complicated and ever-changing domestic and international situation, the current unreasonable structure of the machine tool industry and the lack of product competitiveness have become the biggest obstacles hindering the healthy development in the future.
From January to March 2011, China's total industrial output value of the machine tool industry reached 242.42 billion yuan, a year-on-year increase of 41.4%. The sales value of product sales was 235.87 billion yuan, a year-on-year increase of 42.0%. The profit was 10.91 billion yuan, a year-on-year increase of 78.5%. In the first half of the year, the total industrial output value of the Jinchee machine tool industry was 57.21 billion yuan, a year-on-year increase of 31.7%. The output of gold cutting machine tools was 338,209 units, of which the output of CNC machine tools reached 94,519 units, a year-on-year increase of 25.8% and 52.2% respectively. The profit of the gold cutting machine tool industry reached 2.27 billion yuan, a year-on-year increase of 68.3%.
According to the statistics of key enterprises, the orders for some heavy-duty machine tools have started to decline since the first quarter, and it is expected that the growth of market demand will slow down in the second half of the year.
In terms of product mix adjustment, the pace of the first half of this year has obviously slowed down, which is related to the cumulative burst effect of investment triggered by the economic upturn. However, we must be soberly aware that the phenomenon of high demand for certain low-end products is temporary, the accumulated investment energy of the market has been basically released, and the rational demand has gradually returned, and structural adjustment will still be placed first.
In the first half of the year, machine tool exports totaled US$3.11 billion, a decrease of 7.1% from the same period in 2008. The product structure of the industry's exports is constantly changing, the trend is not optimistic, and the unit price of metal processing machine tools is seriously declining. The Indian market has grown rapidly, becoming the largest export market for metal processing machine tools in China for the first time. The investment boom driven by the domestic economic stimulus plan continued to drive a significant increase in imports of machine tools. In the first half of the year, imports increased by 12.7% compared with the same period in 2008. It is worth noting that: in the machine tool, the import of cutting tools, machine tool fixtures and machine tool parts continued to maintain a high-speed growth trend, with a year-on-year increase of 138.0%, 81.9%, and 78.7% in the first half of this year. Mainly due to the rapid expansion of the domestic machine tool market in recent years, and domestic high-end tools and parts are difficult to meet the requirements. Although the domestic functional component industry is also developing at a faster rate, it is still lagging behind the number and growth rate of functional component imports and the speed of development of domestic metalworking machine tools. At present, the impact of this large-scale import situation on the still-developing domestic functional component enterprises is obvious, and even restricts its survival and development.
In the analysis of the quality and efficiency of the operation, the current assets turnover rate, input-output ratio, energy consumption per 10,000 yuan value and profit margin of the output value of 117 representative enterprises are analyzed to judge the use of funds. The contribution of the output value of the total assets, the energy consumption status and the profitability of the output value. It can be seen that the indicators of the whole industry have improved to a greater extent than the same period last year.
The current situation is still unstable, and the state's fiscal and financial policies will continue to be targeted to structural adjustment; the excessive capacity of the unreasonable industrial structure and the rapid growth of foreign imports will lead to more intense competition in the domestic machine tool market; The appreciation pressure will have a negative impact on exports that have just achieved recovery growth. Despite many uncertainties, there are also positive aspects. For example, the overall economic development of the country will continue to grow steadily; the growth rate of fixed asset investment in the main user industry of machine tools will still maintain double-digit growth; The restructuring of the enterprise has achieved initial results. On this basis, it is expected that the growth rate of the machine tool industry will gradually stabilize in the second half of this year, with an annual growth of more than 15%, of which the metal processing machine tool industry will grow by 10%.
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