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According to reports, a major change in China's machinery industry is the decline in investment and exports of the machinery industry. Investment and export were the two biggest drivers of China's machinery industry development in the past 30 years, especially in the past decade. The annual growth rate of investment in the past decade is about 40%, 50%, and some annual growth rate is even close to 60%. In the past decade, the average growth rate of mechanical and electrical products exports was around 15%. However, in 2013, the growth rate of China's machinery industry's fixed asset investment fell sharply. The cumulative growth of the previous year's accumulated investment has dropped to 16.6%, which is significantly lower than the whole society and all manufacturing industries in the same period.
In addition, the second major change in China's machinery industry is the change in market demand. At present, whether it is steel, nonferrous, shipbuilding or light industry, in the process of transformation and upgrading, higher requirements are placed on the quality, reliability and stability of equipment. That is to say, the grade of equipment requirements has been improved.
The last very obvious trend in China's machinery industry is that the demand for complete sets of equipment or the market demand for solutions is increasing significantly. In the past, China's machinery industry was mainly selling products. Now it has been transforming its products and services. The services include complete sets of equipment, automated production lines, solutions, etc. This is a very big change.
The mechanical industry stepped into the medium-speed development stage to strengthen the service concept
Abstract The China Machinery Industry Federation announced that since the "Twelfth Five-Year Plan", China's machinery industry has entered a medium-speed development channel of 12% to 15%. In the process, some elements of the Chinese machinery industry have also undergone major changes.
China Machinery Industry Federation announced that since the "Twelfth Five-Year Plan", China's machinery industry has entered a medium-speed development channel of 12% to 15%. In the process, some elements of the Chinese machinery industry have also undergone major changes.