"On August 7, Chen Bin, Executive Vice President of the China Machinery Industry Federation, said at the information conference on the economic operation of the machinery industry in the first half of the year that it is expected that the economic operation of the machinery industry in the whole year will show a trend of low first and high second, and gradually recover, and indicators such as industrial added value, operating revenue, and total profit are expected to achieve a small positive growth.
Chen Bin said that affected by the COVID-19, the production and operation of the machinery industry suffered a huge impact at the beginning of the year. In the first two months, the main economic indicators declined in an all-round way, and began to stabilize in March. After entering the second quarter, the trend of stabilization and improvement became more clear.
"According to the data in June, all the five major categories of national economy involved in the machinery industry have achieved positive growth." Chen Bin added.
Looking forward to the second half of the year, with the gradual release of macroeconomic policy effects, the demand market of the machinery industry will continue to recover and the operating environment will continue to improve. However, from the perspective of the three driving factors of investment, consumption and foreign trade, the economic operation situation of the machinery industry is still grim. In addition, the epidemic situation outside Shanghai is still quite unstable and uncertain, the international economic and trade situation is becoming increasingly severe and complex, and the machinery industry is still facing great downward pressure.
"The China Machinery Industry Federation predicted that if the overseas epidemic situation can be effectively controlled in the second half of the year, it is expected that the production and sales of China's automobile market will decline by about 10% year on year; it is expected that the electrical and electrical industry will operate stably throughout the year, with a small increase in operating revenue; it is expected that the overall major economic indicators of petrochemical general equipment will be lower than that of the previous year; it is expected that the heavy mining industry will still maintain a certain growth throughout the year; it is expected that the machine tool industry will decline in the second half of the year The amplitude is expected to narrow; It is expected that the growth rate of agricultural machinery industry will exceed the previous two years; It is expected that the construction machinery industry will maintain a certain growth rate throughout the year.