Mechanical exports grew faster than imports in the first quarter

Accumulated export growth of machinery industry is faster than imports

According to customs statistics, in the first quarter of this year, cumulative exports of the machinery industry increased by 16.1% year-on-year, cumulative imports fell by 2.43% year-on-year, exports were faster than imports by 18.53%, and 13 industries showed faster exports than imports outside the auto industry. In the provinces, municipalities and autonomous regions, 23 provinces, municipalities and autonomous regions export faster than imports.

On the import side, cumulative growth of 13 provinces, municipalities and autonomous regions was positive year-on-year, of which cumulative imports from Henan (78.56%), Gansu (50.82%), and Guangxi (43.63%) recorded the fastest year-on-year growth; cumulative growth in 18 provinces, municipalities and autonomous regions registered year-on-year growth. Among them, Tibet (-88%), Qinghai (-64.22%) and Anhui (-33.69%) have the largest declines in the three provinces.

In terms of exports, the cumulative growth of 26 provinces, municipalities, and autonomous regions was a year-on-year increase, of which Tibet (58.1%), Gansu (52.17%), and Xinjiang (45.31%) were the provinces with the largest cumulative increase in cumulative exports and the largest increase.

Policy to force, machinery industry technology continues to improve

According to statistics from the Federation of Machinery Industry, at present, 87% of China's machinery industry enterprises have established information institutions, and 90% of enterprises have formulated informationization plans. With the gradual advancement of informatization, China's equipment industry has grown rapidly, and its international status has continuously improved. During the "Eleventh Five-Year Plan" period, the average annual growth rate of China's equipment industry has exceeded 20%. At present, China has taken the lead in the world in the fields of conventional power generation equipment, port machinery, cement equipment, and ships, and the gap with industrialized countries is gradually narrowing.

Transformation is still a top priority

Although the export condition of mechanical products is still good, under the current situation, the prosperity index of the manufacturing industry continues to decline. China's machinery industry still needs to focus on transformation and upgrading.

First, from the product, design, manufacturing, management, and business processes to the industrial system, it helps to optimize the industrial structure and enhance the industrial value chain, thereby urging China's equipment industry and even the entire industry to become stronger.

Second, focus on the unpopular market. On the one hand, although the markets of developed countries are depressed, it does not mean that there is no opportunity for global trade. For example, in Russia and India, Chinese-made products are still less in other markets, so China has an opportunity to explore the international market outside the developed countries. In addition, some countries have insufficient infrastructure, insufficient rail traffic, and insufficient transportation capacity for Chinese goods to transport there. There are considerable market opportunities.