China's machinery increased by 10% in the previous 2 months

In the first two months of this year, the added value of China's machinery industry above designated size increased by 13% year-on-year, 2.8 percentage points higher than the same period of last year, and it was also higher than the national industrial level.

The reporter learned from the China National Machinery Industry Federation on the 1st that the production and sales of China's machinery industry had achieved steady growth in 2013, and the growth rate of industrial added value of enterprises above designated size was higher than that of the same period of last year. Since the beginning of the new year, the machinery industry in the country has performed well. In the first two months of 2014, the growth rate of the industrial added value of enterprises above the scale of machinery industry was higher than the same period of last year.

In the first two months, of the 64 products counted by the China Federation of Machinery Industry, the cumulative output of 42 products increased by the same period of last year, accounting for 66.6 percent of all reported product varieties.

In particular, China’s vehicle production in the previous February continued the steady growth of the previous year. In the previous February, the country produced a total of 3.87 million vehicles, an increase of 13% year-on-year. In terms of model categories, multi-functional passenger cars and sports multi-purpose passenger vehicles maintained rapid growth, with a year-on-year increase of 42% and 43%; in addition, the number of basic passenger vehicles increased by approximately 8% year-on-year; It dropped by 15 percent.

In the beginning of this year's China Machinery Industry, the production of power generation equipment grew significantly. The output of power generation equipment in the previous February increased by 35 percent year-on-year, of which turbine generators increased by 56 percent year-on-year, and wind turbine generators increased by about 3 percent year-on-year.

According to industry sources, China's CNC machine tools will develop steadily on the basis of last year. It is expected that the output of CNC machine tools will increase slightly, and import demand will still be large, but demand will be more biased towards high-end products, while mid-range products will be implemented in local markets. After that, sales will also increase. Although the number of important equipment manufacturing industries such as national defense, aviation, high-speed rail, and automobile industries has increased, the number of CNC machine tools in China has achieved rapid development. However, there is still a gap between the accuracy and reliability of CNC machine tools in foreign countries.