China's machinery industry fell after the end of the decline in the weak foundation

According to the latest data released by the machinery industry, it can be seen that the sharp decline of China's machinery industry has passed, but the recovery base is still relatively weak. In the first half of the year, the total output value of China's machinery industry increased by 7.28% year-on-year. It is predicted that the total output value of the machinery industry will increase by about 12% over the previous year, and the profit will increase by about 8% over the previous year. The foreign exchange earnings from exports are expected to decline from the previous year. About 10%.
Although the economic benefits of the machinery industry have shown a signal of a change in a good direction, some experts pointed out that from the perspectives of product production and sales ratio, main business income profit margin, cost-cost profit margin, current assets turnover rate, etc., the current China's machinery industry overall Not yet reached the level before the financial crisis, we must focus on the implementation of adjustments and revitalization plans for the equipment manufacturing industry and the automobile industry. We must unremittingly promote structural adjustments and energy-saving emission reductions, comprehensively strengthen product quality, and vigorously promote the integration of “two industries”. , Actively develop the productive service industry.

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