China's machinery industry maintained a weak recov

In the first quarter, China's machinery industry maintained a weak recovery trend

in the first quarter of this year, the operation of the machinery industry continued the weak recovery trend since last year, and is expected to show a moderate recovery trend throughout the year. The operation trend will be "stable" as the basic feature of staff who can contact this site. In the first quarter of this year, the operation of the machinery industry continued the weak recovery trend since last year, and is expected to show a moderate recovery throughout the year. The operation trend will be stable as the basic feature

data show that in the first quarter, the sales output value of the machinery industry increased slightly faster than the total output value by 0.19 percentage points, the product production and sales rate increased by 0.17 percentage points year on year, the turnover rate of current assets accelerated by 0.03 times year on year, and the economic benefits of the machinery industry maintained growth; Foreign trade exports reversed the decline in the fourth quarter of last year, and the export growth rate rebounded significantly. From January to March, the machinery industry completed a fixed asset investment of 585.39 billion yuan, a year-on-year increase of 17.15%, an increase of 3.84 percentage points over January to February. However, it is still lower than the growth rate of manufacturing investment and the growth rate of investment in the whole society. The decline in the growth rate of fixed asset investment in the machinery industry, as well as the continued low growth of inventories and finished products in inventories, all reflect that the future operation trend of the industry will be relatively flat. Overall, in the first quarter, the operation situation of the machinery industry was mixed, neither continued to decline, nor significantly improved, showing signs of weak recovery

fixed asset investment continued to fall year-on-year. From January to March, the year-on-year growth rate of fixed asset investment in the machinery industry continued to fall, but it was slightly faster than that from January to February. From January to March, the machinery industry completed a total fixed asset investment of 585.39 billion yuan, an increase of 17.15% year-on-year, a sharp drop of 12.29 percentage points over the same period last year (29.44%), and the growth rate of investment in the machinery industry was less than that of the national and manufacturing industries for the first time. However, from January to March, compared with January to February, the investment growth rate accelerated by 3.84 percentage points, and the investment in a single month in March accelerated by 11.05 percentage points

the operation of each sub industry is different. From January to March, the output of main products in various sub industries of the machinery industry increased and decreased significantly, and the output growth rate of 60% of products decreased from January to February. Among the 64 main products counted, 34 products increased year-on-year, accounting for 53% of all reported products. The output growth rate of 39 products decreased from January to February, accounting for more than 60%. Among them, the output of excavators and water turbine generator units fell by more than 200 percentage points

in terms of output value, among the 13 industries counted, the output value of construction machinery industry decreased by 12.59% year-on-year, and the production and sales of the other 12 industries increased year-on-year. Among them, the output value of agricultural machinery, instrumentation, general petrochemical, machine tools, electrical and electrical appliances, basic mechanical parts, automobiles and other industries maintained double-digit growth, and the instrumentation industry increased by more than 20%. Compared with the same period in 2012, the construction machinery industry fell by 20 percentage points year-on-year; The internal combustion engine industry saw the largest year-on-year increase of 18 percentage points

the product price level moved down year on year. In March, the producer price index of the machinery industry was 98. At this moment, the side wheel and the side beam touch to produce a partial load force to prevent the car from rotating 6%, 0.3 percentage points lower than the same period last year. Among the 142 mechanical products counted, the cumulative ex factory prices of 82 products fell year-on-year, accounting for 57.75%. In March 2013, compared with the cumulative price index in March 2012, the price index of 101 products was lower than that of the same period last year. Among them, the products with a large drop range include: special instruments and meters for agriculture, forestry, animal husbandry and fishery (down 18 percentage points), other metal wire ropes and their products (down 9.6 percentage points), utility boilers, industrial steam turbines, modular machine tools, boring machines, industrial weighing instruments, tower equipment, etc., down more than 8 percentage points. The number and range of products falling back were relatively rare in the past. However, insiders believe that the price fluctuation in the first quarter is usually large, and the future price trend remains to be further observed

the year-on-year growth rate of import and export decreased. From January to March, the machinery industry achieved a total import and export volume of 146.3 billion US dollars, a year-on-year decrease of 2.38%, down 8.91 percentage points from the same period last year. Among them, the export volume is 82. We can't see the organic connection between these five aspects, which is US $100million, with a year-on-year increase of 3.95%, and the year-on-year growth rate fell by 12.15 percentage points, which are respectively lower than the national total import and export volume of foreign trade and the national total import and export volume of mechanical and electrical products by 14.45 and 14.15 percentage points; The import volume was US $64.3 billion, a year-on-year decrease of 9.43%, and the year-on-year growth rate fell by 7 percentage points, respectively 17.83 and 23.93 percentage points lower than the national foreign trade and electromechanical products. From January to March, the trade surplus was US $17.8 billion, an increase of US $9.776 billion over the same period last year. However, from the perspective of the whole year, the situation is still not optimistic

it is hard to say that the trend will improve significantly in the future. From the perspective of enterprise order volume, in the first two months of this year, the cumulative order volume of key linked enterprises in the machinery industry has increased for the first time since last year, indicating that the industry boom has rebounded slightly, but it cannot be judged that the efficiency of the machinery industry will rebound significantly this year. In terms of foreign trade export trends, insiders are not very optimistic about the situation this year. In addition, the recent rise of the RMB exchange rate against the US dollar will also affect China's export competitiveness

on the whole, the macroeconomic environment this year will be warmer than last year; The demand situation will be slightly better than last year, but it is hard to say that it will improve significantly; The pressure of rising costs and overcapacity will continue; It is expected that in the next few months, the machinery industry will continue to operate relatively smoothly at the current low level, and the annual speed is expected to be slightly higher than last year