Industry new
Machinery general parts industry will enter the medium-term growth period
On April 24, the annual meeting of the China Machinery General Parts & Components Industrial Association was held in Jiyuan, Henan Province.
In 2011, the industry's total output value and import and export value hit a record high. Comprehensive consideration of positive and negative effects.
China's machinery parts and components industry will enter a period of rapid growth from “large to strong” during the “12th Five-Year Plan” period.
According to Wang Changming, secretary-general of China Machinery General Parts Industry Association, in 2011, the total output value of machinery parts and components industry reached 303.7 billion yuan, a year-on-year increase of 21%, a record high. Among them, the output value of gears was 178 billion yuan, an increase of 22.7% year-on-year; the output value of fasteners was 68 billion yuan, a year-on-year increase of 21%; the chain, springs, powder metallurgy, and transmission couplings all maintained an increase of 19%.
The value of imports and exports of the industry also set a new record high, with total imports and exports reaching 27.44 billion U.S. dollars, a year-on-year increase of 23%. Among them, the import value was 16.95 billion U.S. dollars, an increase of 16% year-on-year; the export volume reached 10.49 billion U.S. dollars, an increase of 37% year-on-year, and the industry's total import and export volume was still the trade deficit, and the deficit was 8% lower year-on-year.
According to the export analysis, the total exports of fasteners, gears, and chains accounted for 93% of the total export value of the industry. After the fasteners protested against the U.S. and the European Union’s anti-dumping efforts, the export situation increased steadily and created US$4.87 billion. A new record high. Compared with 2009, the unit price of fastener exports was also increased from US$0.147 million to US$0.185 million. After deducting exchange rate effects, the unit export price also increased by 15%.