Slow growth of general machinery parts in the first half of the year

In the first half of 2013, due to the sluggish development of the equipment host industry and the industry's export restrictions by foreign anti-dumping and other aspects, the overall development of the mechanical parts and components industry has been a slow-growth trend, with weak upward momentum.

I. Basic economic data of the industry:

In the first half of 2013, the industry's total output value was 155 billion yuan, an increase of 2.64% year-on-year. The six professional developments in the industry are unbalanced, among which the development of professional gears is fairly good. The professional development of fasteners, chains, springs, powder metallurgy, and transmission linkages is normal and basically maintained at the same level as last year.

From January to June 2013, the import and export of the industry saw a slow growth trend. Its total import and export volume was US$14.141 billion, a year-on-year increase of 1.89%. The industry's exports amounted to 5.794 billion U.S. dollars, a year-on-year increase of 3.16%; of which, gear products exported well to 2.444 billion U.S. dollars, accounting for 42.18% of the industry's total export value, an increase of 8.86% year-on-year; it was originally ranked first in the industry. The professional export of fasteners was 2.305 billion U.S. dollars, which accounted for 39.7% of the total export value of the industry, a year-on-year negative growth of -0.33%; the chain professional export value was 674 million U.S. dollars, accounting for 11.6% of the industry's total exports, which was yoy The negative growth was -6.27%; the spring professional export volume in the industry was 150 million U.S. dollars, although the amount was not large, but its year-on-year growth rate reached 17.71%, and its momentum was gratifying. The industry's imports amounted to 8.347 billion U.S. dollars, a year-on-year increase of 3.16%. Among them, the import volume of gears was 6.203 billion U.S. dollars, which accounted for 74.3% of the total industry imports, which was a year-on-year increase of 2.89%; the import value of fasteners was 1.475 billion U.S. dollars, an increase of -3.38% year-on-year. It can be seen that the professional import and export performance of gears in the industry is more prominent and has become a bright spot in the development of the industry.

The above data shows that in the first half of 2013, the industry's economic operation and import and export development showed a slow growth, but it was weak on the upside.

Second, the development of the industry to analyze the economic development of the industry is due to a variety of reasons.

First of all, the shadow from the international financial crisis has enveloped the global environment for economic development, resulting in a global crisis in the economic development. There have been no favorable conditions for strong recovery. Second, the domestic economic development environment is also in a low-speed and powerless situation. The development of the host equipment market supported by general-purpose mechanical parts and components, and the lack of demand for parts and components, has led to a significant reduction in the number of product orders for industrial enterprises. The third is the fastener industry which is a large exporter of the industry. In recent years, it has been affected by the European Union and other related industries. The impact of anti-dumping has led to a reduction in the export market for products with the world's largest production of fasteners. On the other hand, the sharp appreciation of the renminbi has also brought negative impacts on the export of products. Fourth, industry companies are currently facing structural adjustments. In the process of transformation and upgrading of products, this has enabled companies to continue to increase their capital expenditures while also facing a significant increase in the costs of operating their businesses, as well as a significant reduction in corporate profits. In particular, for enterprises in which the industry is dominated by small and medium-sized enterprises, the original capital accumulation is relatively weak, and it also causes the company's cash flow to become tighter, thus causing the company's development to face multiple difficulties.