Engineering machinery in 2015    

In 2015, the construction machinery faced a great crisis, although it was not as good as the steel industry to survive, but it was also a bitter struggle. In 2016, the construction machinery was restored to vitality, although it was only tiny, but it was also a good seedling.

A faint hope

In 2015 1~11 month, the cumulative growth rate of the value added of machinery industry increased by 5.3% compared with the same period last year, rising by 0.1 percentage points compared with that of 1~10, which is still 0.8 percentage points lower than that of the national industry.

119 kinds of main products in the machine in conjunction with focus on monitoring, the number of varieties of products in the month of November year-on-year growth of 44, higher than the lowest August annual increase of 18. The number of products decreased in 1~11 months was 2 less than in October. The output of large horsepower tractors, over 4 rows of corn combine harvesters, large self propelled plant protection machinery, green feed machinery, drying machines, wind turbines, optical cables, motor sports utility vehicles (SUV) and other products still keeps increasing.

Since 2015, the main performance indicators of the machinery industry have continued to decline in the previous year. In the first 10 months, the main business income of the machinery industry increased by 3% compared to the same period last year, the growth rate is relatively low in the same period since 2008. The total profit is 1 trillion and 210 billion 235 million yuan, and the growth rate is 12.07 percentage points lower than the same period last year (13.25%). From the quarterly growth rate, the growth of machinery industry profit increased by 1.29 percentage points in the two quarter compared with the first quarter, and the three quarter was 1.85 percentage points lower than the two quarter.

1~10 month, the profit rate of machinery industry was 6.57%, down 0.12% compared with the same period last year. The total assets contribution rate was 12.95%, which decreased by 0.67% compared with the same period last year. The rate of capital maintenance and increment is 109.84%. The turnover rate of current assets is 1.97 times, a decrease of 0.05 times compared with the same period last year, and the cost and profit rate 7.04%, decreasing by 0.16% compared with the same period last year.

Export as fellow sufferers

As the world economy has entered the stage of deep adjustment, the global demand has declined significantly, and the mechanical industry has also slowed down a downward trend. In 2015 1~10, the total import and export volume of machinery industry was 552 billion 288 million US dollars, down 7.71% compared to the same period last year, of which 229 billion 671 million US dollars, which fell 14.47% compared with the same period last year, and the decline continued to deepen. Exports were 322 billion 617 million US dollars, down 2.2% compared with the same period last year, and export has seen a slight decrease since 2009.

In 1~10 months, the import growth rate of the 12 industries of machinery industry decreased year by year compared with that of 1~9 months. The industry with faster growth rate of imports was followed by agricultural machinery, petrochemical general and cultural office equipment industry. The decline was 2.29, 1.98 and 1.01 percentage points higher than that in 1~9 months. In October, the fastest growth rate of imports in September than in September is the agricultural machinery industry. The decline has increased by 18.47 percentage points, followed by the general industry of automobile and petrochemical industry. The decline has increased by 14.7 and 12.46 percentage points respectively.

From the main export market, exports to Asia is the main market, 1~10 month exports to Asia the proportion of total industry 48.42%, up 48.23% over the same period last year; exports to Europe accounted for 17.58%, down 18.87% over the same period last year; of North American exports accounted for 18.51%, down 17.53% over the same period last year.

A slower rate of growth

The cumulative price of machinery industry products decreased by 1.3% compared with the same period in 1~11 months, and the decline was 0.1 percentage points higher than that in 1~10 months. The cumulative price of machinery industry has declined for 47 consecutive months. In November, the price of mechanical products fell by 1.6% in the month of November, and the decline was 0.1 percentage points higher than that in October; the price of October fell by 0.2% in the month of October.

Compared with the national industry, the price of the machinery industry is running smoothly. In recent years, the price drop of the machinery industry is lower than that of the national industrial decline. In the 1~11 month of 2015, the cumulative price of the machinery industry was 3.9 percentage points lower than that of the national industry.

The number of products falling from the year on year of the machinery industry has continued to rise. In 1~11 months, the total price of the 142 main machinery products decreased 21 over the same period last year, while the cumulative price increased by 29 over the same period last year.

The downward trend of fixed assets investment has improved

1~11 machinery industry investment in fixed assets totaled 4 trillion and 503 billion 302 million yuan, an increase of 9.75%, 0.48 percentage points higher than the previous 10 months; but still lower than the same period the total social fixed assets investment (10.2%) 0.45 percentage points, the growth rate of investment in machinery industry with the same period last year (12.4%), down 2.65 percentage points.

11 months ago, in different holding enterprises, accounting for up to 77.75% of the private holding enterprises investment growth of 10.74%, up 0.64 percentage points higher than 1~10 months; in different subordinate relationship, the central and local investment grew by 24.78% and 9.46% respectively, the central investment growth rate down 3.76 percentage points over 1~ in October, local projects investment growth accelerated 0.55 percentage points; in the different nature of construction, construction and expansion of investment growth rate than 1~10 months to speed up 0.07 and 2.83 percentage points, reconstruction and technical transformation investment growth rate down 0.71 percentage points. From a specific perspective, the proportion of investment in 1~11 month renovation and technological transformation to the whole industry is 27.51%, which is 2.5 percentage points higher than that in the same period last year (25.01%), and the investment in machinery industry has increased by 5.18 percentage points.