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The achievements of the machinery industry in 2011 are commendable

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The achievements made in the economic operation of the machinery industry in 2011 can be summarized into four aspects. Second, there are new breakthroughs in key basic parts and components; Third, the development of modern manufacturing services industry to extend the industrial chain presented some new meteorological; Fourth, the regional structure continues to adjust in the direction expected by industrial policy.


Since the beginning of this year, the progress made in upgrading the structure of the machinery industry is gratifying. The output value of automated instruments in the instrument industry grew by 10 percentage points higher than the average, and the profit margin of the main business reached 10%. Some high-end products were recognized by domestic customers through the way of "export to domestic sales". The market share of domestic products rose from 12% to 14% this year, an increase of 2 percentage points over last year and 4 percentage points over the year before last. Under the influence of the severe environment, the machinery industry did not suffer from the abnormal situation such as the large overstocking of finished products and the rapid growth of accounts receivable during the planned economy period, which fully demonstrated the deepening development of the reform of the machinery industry and the significantly enhanced ability of enterprises as market subjects to control risks and restrain.


In the aspect of tackling key basic parts, the production of key parts in the construction machinery industry has made some progress. Hydraulic pumps, hydraulic valves and other relative to the hydraulic cylinder of higher technical content, although there is no domestic enterprises to really achieve a large number of supporting, but a large number of excellent domestic enterprises to revitalize the national industry as their own duty, determined to be China's walking machinery with "Chinese core".


In the development of modern manufacturing services, some industrial enterprises have achieved remarkable results. Shanghai electric group co., LTD., Shanghai electric power station group in the power plant project general contracting, equipment leasing and financing, maintenance, modern logistics, equipment integration, engineering design, the development of modern manufacturing services gradually formed a batch of modern manufacturing service industry's main product, has achieved good economic benefit and social benefit. Among them, EPC project of power generation equipment (namely turnkey project) is the fastest developing service product in recent years. Through call center, after-sales service and spare parts management, remote service and e-commerce platform construction, XCMG group in the construction machinery industry has gradually realized the transformation from product manufacturing to value-added product service.


Since the beginning of this year, the structural adjustment in the machinery industry has continued in the direction expected by the policy. In terms of output value, the gross output value of the machinery industry in the eastern, central and western regions in the first half of this year was 5.4 trillion yuan, 1.67 trillion yuan and 0.81 trillion yuan, up 25.15%, 32.75% and 28.94% year on year, respectively. The central and western regions continued to grow faster than the eastern regions. The proportion of the central and western regions in the machinery industry increased by 1.19 percentage points and 0.24 percentage points respectively from the same period last year, while the eastern regions decreased by 1.43 percentage points. In terms of investment, in the first half of this year, the eastern, central and western regions completed fixed asset investment of 688.6 billion yuan, 343.8 billion yuan and 154.4 billion yuan, respectively. The growth of investment in the central and western regions was faster than that in the eastern regions by 20.08 and 13.36 percentage points, respectively.


For the full year of 2011, Ms. Tsai expects double-digit growth, including an increase in industrial added value of about 15%. The growth rate of production and marketing is estimated to be around 25%. Profit growth is expected to be around 16%; Export growth is expected to be around 24 per cent and a small surplus is expected in imports and exports, including processing trade. In addition, it is expected that the economic speed of the machinery industry in 2012 will moderate decline in a stable tone, but it is still expected to continue to achieve double-digit growth throughout the year. Among them, the growth rate of production and sales is expected to be around 20%, and the price of mechanical products will remain stable. Profit growth will be lower than production and sales, expected to be around 14%; Export growth is expected to be around 20%.


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