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China Construction Machinery Industry Association: Market demand in the domestic construction machinery industry declines

Release time:2024-09-04click:0
On the afternoon of July 22, 2022, the association held its first press conference in Beijing. Release industry statistical data such as the "2021 Construction Machinery Industry Annual Report"; summarize and analyze the industry's economic operation in the first half of the year and development trends in the second half of the year, and accept questions from industry media representatives on hot issues of concern to the industry.
Association President Su Zimeng, Honorary President and Special Advisor Qi Jun, Secretary-General Wu Peiguo, Deputy Secretary-General Lu Ying, Yin Xiaoli, Wang Jinxing, Yan Jianguo and others attended the press conference. This press conference was hosted by Secretary-General Wu Peiguo.
Su Zimeng summarized the economic operation of the industry in the first half of the year based on the association's "Sales Volume and Export Volume of Main Products in the Industry" statistics from January to June 2022, and analyzed and judged the industry Development trends in the second half of the year. He pointed out: In the first half of 2022, the international situation is complex and severe, and the world economic growth has slowed down significantly. Especially since March, affected by factors such as the Russia-Ukraine conflict and the frequent occurrence of domestic epidemics, the internal and external environment has exceeded expectations in the second quarter. In anticipation of changes, market demand in the domestic construction machinery industry has declined, product sales have dropped, and the industry has shown a downward trend.
According to the association’s statistics on the sales of 12 key products, January and February had a good start, with a year-on-year increase of 3.87% in January and a year-on-year increase of 16.3% from January to February; a significant increase in March fell, with a year-on-year decrease of 19.6% in March; April had the largest decline, with a year-on-year decrease of 30.5%; May continued to fall, with a year-on-year decrease of 18.5%; the decline in June narrowed significantly, and the year-on-year decrease in June closed It fell as narrow as 7.16%, but increased by 7.78% month-on-month, changing the negative month-on-month growth situation in April and May. Data show that since June, with the overall improvement of epidemic prevention and control, enterprises have resumed work and production in an orderly manner, and the effects of economic stabilization policies have gradually been released and become effective, the industry's main economic indicators have stopped the downward trend, and some product lines have gradually stabilized and rebounded. The industry has generally achieved stable operation. The number of employees in key enterprise groups contacted by the association achieved positive year-on-year growth every month in the first half of the year, with year-on-year growth of 5.53% from January to February, 5.8% from January to March, 5.68% from January to April, and year-on-year growth from January to May. An increase of 3.92%, and a year-on-year increase of 6.29% from January to June. Enterprises in the construction machinery industry have contributed to stabilizing growth, stabilizing market entities, and ensuring employment.
Su Zimeng said: In the first half of the year, the industry’s competitive advantage in the international market continued to improve, and exports continued to grow. According to customs data, my country’s construction machinery import and export trade volume from January to June 2022 was 21.391 billion. US dollars, a year-on-year increase of 25.2%. Among them, the import amount was US$1.502 billion, a year-on-year decrease of 26.7%%; the export value was US$19.89 billion, a year-on-year increase of 32.3%, and the trade surplus was US$18.388 billion, a year-on-year increase of US$5.398 billion. The export of construction machinery in the first half of the year continued to show a high growth rate. The export volume in each month was at the highest level in history for the same month. Among them, January and June set a record for the highest monthly export volume twice. June was close to 4 billion U.S. dollars, creating a new record. Record.
Su Zimeng emphasized: The entire industry implements an innovation-driven development strategy, adheres to the "four orientations", accelerates the pace of independent innovation, continuously increases investment in research and development, and strengthens cooperation between government, industry, academia, and research. In the first half of the year, A batch of internationally advanced and internationally leading engineering equipment has been put on the market, and a batch of scientific research results and major technical equipment have been promoted and applied. Enterprises in the industry continue to promote structural optimization, transformation and upgrading, accelerate development toward digitalization, networking, intelligence, and greening, and strive to open up all links in the innovation chain. Hosts and key components develop collaboratively, the industrial chain and supply chain are optimized and upgraded, and the industrial foundation is advanced. and industrial chain modernization have achieved phased results.
Regarding the industry trend in the second half of the year, Su Zimeng judged based on various factors such as the epidemic situation, base number, and consideration of international and domestic market demand: With the release of the dividends of the national macroeconomic policy, especially with the With the implementation of a package of policies and measures to stabilize growth, the construction machinery market is expected to stabilize and rebound in the second half of the year, and industry operations will gradually improve. Combined with the weakening influence of the base, the main indicators of the entire industry throughout the year will show a trend of first low and then high.
Lv Ying, the association’s industry statistics director and deputy secretary-general, released relevant data from the association’s latest “Construction Machinery Industry Statistical Annual Report 2021”.
In 2021, the construction machinery industry, in accordance with the deployment of the Party Central Committee and the State Council, coordinated epidemic prevention and control and industry development, and overcame the difficulties of increasing downward pressure on the economy and the epidemic. The adverse effects of multi-point dispersion continued to run smoothly on the higher base of the previous year. It has achieved a good start in the first year of the "14th Five-Year Plan", laying the foundation for the stable development of the "14th Five-Year Plan" and becoming one of the industries with the best development situation in the equipment manufacturing industry. According to the association's summary of the statistical survey of enterprises in the entire industry, after deducting incomparable factors, duplicate data and non-construction machinery industry parts, the entire industry will achieve operating income of 906.5 billion yuan in 2021, a year-on-year increase of 17%, a record high. As of the end of 2021, the market share of China's main construction machinery products reached 8.30 to 8.99 million units, an increase of 3.44% from the end of the previous year. Among the total industrial output value, the industry’s export delivery value increased by 66.1% year-on-year, reflecting the important supporting role of exports in the development of the industry. Lu Ying also said about the industry 2Data on output value, investment, technology investment and other aspects in 2021 were announced. When answering reporters' questions, Lu Ying gave a detailed explanation of the important factors that supported the industry's operating income to exceed 900 billion and achieve a historic breakthrough.
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