Wooden Root Items Co., Ltd. , http://www.nsoutdoorproduct.com
The growth rate of production and sales in the entire industry is declining
From January to February, the industrial output value of the whole industry was 1,142.744 billion yuan, a year-on-year increase of 26.15%, and the growth rate was down 7.17 percentage points year-on-year; the sales value reached 11.84431 trillion yuan, a year-on-year increase of 27.79%, and the growth rate was down by 4.96 percentage points year-on-year. From the perspective of the growth rate of gross output value and sales output value at the beginning of the year, the growth rate of production and sales in the industry as a whole has declined compared with the same period of last year. The total output value has dropped significantly faster than the sales value (see Table 1).
Contribution rate of cultural office equipment and auto industry is lower than that of the same period of last year
From January to February, except for the cultural office and the automobile industry, the contribution rate of the other industries to the total output value of the machinery industry increased slightly to a different extent year-on-year, with the electrical and electronics industries growing at a larger rate, an increase of 60 percentage points. The contribution rate of the automotive industry has been declining for the first time in recent years, down by 7.38 percentage points.
The growth rate of the output value of new products is lower than the growth rate of total output value
From January to February, the output value of new products of the whole industry was 208.72 billion yuan, a year-on-year increase of 19.74%, and the growth rate dropped by 12.67 percentage points. While the growth rate of the output value of new products showed a large decline, it also changed the growth rate of the output value of new products last year was higher than the growth rate of total industrial output value over the same period. The growth rate of the output value of new products from January to February was lower than the growth rate of total industrial output value over the same period 6.41 Percentage. Overall, the growth rate of the output value of new products has slowed down. However, in various economic types of enterprises, the output value of new products of collective enterprises, private partnerships, state-owned and collectively-owned enterprises, privately-owned joint-stock companies and foreign-funded enterprises has grown strongly, due to the relative base of these enterprises. Lower, the output value of new products only accounted for 5.86% of the entire industry.
The growth rate of export delivery value has dropped significantly
From January to February, the total export value of the entire industry was 180.86 billion yuan, an increase of 20.92% year-on-year, and the growth rate dropped by 14.85 percentage points. The export delivery value accounted for 16.32% of the sales value, a year-on-year decrease of 0.81 percentage point. The growth rate of export delivery value by industry in the sub-sectors was down year-on-year: agricultural machinery, construction machinery, cultural office equipment, petrochemical GM, heavy mining, machine tools, electrical appliances, and mechanical basic parts industries.
Machinery industry production growth rate decline
In January-February, the growth rate of China's machinery industry production and sales fell compared with the same period of last year, but it remained at 26% or more. The growth rate of export delivery value and new product output value slowed down significantly, with 81 products accumulatively increasing year-on-year. All reported product varieties of 74.31%.