Wang Ruixiang, President of China Machinery Industry Federation, disclosed at the 2021 national machinery industry economic situation report meeting on the 24th that China’s machinery industry maintained an overall stable economic operation from January to November 2021. It is estimated that the growth rate of added value of China’s machinery industry is expected to reach about 6% in 2021.
It is reported that from January to November this year, the added value of China’s machinery industry increased by 10% year-on-year. From January to October, China’s machinery industry achieved a total operating revenue of 20.55 trillion yuan (RMB, the same below), a year-on-year increase of 18.03%; The total profit was 1.27 trillion yuan, a year-on-year increase of 13.19%.
In addition, from January to November, China’s machinery industry achieved a year-on-year increase of about 27%.
China Machinery Industry Federation predicts that the growth rate of added value, operating revenue and total profit of China’s machinery industry in 2021 is expected to reach about 6%, and foreign trade import and export will achieve a new breakthrough.
At the same time, Chen Bin, executive vice president of China Machinery Industry Federation, pointed out that the international situation in 2022 is complex, the uncertainty of covid-19 pneumonia epidemic continues to impact the stable operation of the world economy, and the pressure on the steady growth of the machinery industry increases. Preliminary expectation: the main economic indicators of China’s machinery industry in 2022 are: the growth rate of industrial added value and operating revenue will strive to reach about 5.5%, the profit will strive to be the same as this year, and the import and export trade will remain basically stable.
(China News Network)
