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According to the data analysis of the National Bureau of Statistics, in 2003, the fixed assets investment of the machinery industry was 177.6 billion yuan, accounting for 4.2% of the national investment, which was lower than the proportion of machinery industry added value of about 6% of GDP; It accounts for 4.6% of national investment, and the overall development trend is stable and not too hot. Cai Weici, deputy chairman of the China Federation of Machinery Industry, pointed out that due to the wide and scattered machinery industry industry, companies are particularly large. Under the current system, it is difficult for industrial associations to conduct systematic research and accurate statistical analysis of fixed asset investment in the industry. According to analysis by the China Federation of Machinery Industry and relevant professional associations, the current investment in fixed assets of the machinery industry has the following characteristics:
First, the reform of the market-oriented orientation of most enterprises in the machinery industry has made considerable progress: in addition to automobiles and major technical equipment, other industries such as low-voltage electrical components and complete sets of equipment, bearings, fans, pumps, valves, motors, wire and cable, refrigeration equipment, For casting, forging, heat treatment, electroplating, etc., the majority of investment entities are mainly private and foreign-funded enterprises. They generally have strong self-discipline awareness of fixed asset investment.
Second, investment in most sub-sectors is mainly concentrated in the field of technological transformation. For example, several large-scale power generation equipment groups are faced with tight production tasks. The industry unifies its thinking and draws lessons from the past. Basically, it does not blindly expand its general processing capacity, but expands it. Cooperation scope, extensive use of processing capacity at home and abroad, to increase supply, enterprises focus on product sets, system integration and technological advances of key new products (such as heavy-duty gas turbines, etc.), as well as to alleviate key bottlenecks (such as Harbin and Oriental Both groups are planning to build a coastal super-large processing and assembly shipping base);
Third, many large-scale investment projects in coastal cities are carried out in combination with the land replacement of the original enterprises in the urban transformation and the relocation of “retreat two into threeâ€, such as Dalian Heavy Machinery-Lifting Group, Beijing No. 1 Machine Tool, Beijing Switch Factory, and Dalian Machine Tool Plant. , Tiexi District, Shenyang, relocation of enterprises, etc., these projects are generally more concerned with the relocation and structural adjustment, technological upgrading combined;
Fourth, major technology and equipment enterprises (such as a heavy, double, etc.) have weak self-accumulation ability, and their investment in technological transformation is obviously insufficient, and their dependence on the country is large;
Fifth, a small number of industries such as automobiles and auto parts, engineering machinery, and internal combustion engines, etc., have a rapid increase in production capacity while upgrading their products. And most of the major projects are built with foreign partners, such as Beijing Hyundai, Beijing Benz, Tianjin FAW Toyota, Changchun FAW Fengyue, Dongfeng Nissan, Dongfeng Honda, Dongfeng Renault, Brilliance BMW, Jinan Huawo Truck, Changan Ford, Dongfeng. Cummins, Guangzhou Automobile Engines, Diesel Engines in Shandong and Caterpillar, etc.; these projects are generally subject to national approval. It is worth noting that in the increasingly open environment, the control over the localization rate of the entire vehicle has been weakened, and the momentum of assembly has been increasing. In addition to the entire vehicle and engine, auto parts are also a new investment hot spot. It is reported that Wanxiang Group is planning a project with an annual output of 1 million tons of forgings, with an annual output of 300,000 tons, which is a world-class scale.
Sixthly, transnational corporations have shown stronger and stronger mergers and acquisitions and control over the industry’s intentions to develop better momentum and control the Chinese market (such as Xu Gong, Chang Kai, Wuxi Weifu, Shanghai Xinhua, etc.), and related places. The government also encourages and even requires companies to enter into joint ventures on foreign terms, because they fear that if they do not agree, they will allow peer companies in other places to have the opportunity to attract foreigners at a lower asking price, and eventually cause local companies to be squeezed. This situation threatens the autonomy of China's equipment manufacturing industry and hopes that relevant state departments will pay attention to and control it.